Question

Mr. Ajay invested in two schemes A and B contributing

Q: Mr. Ajay invested in two schemes A and B contributing compound interest @ 5% pa and 7% pa respective

SchemeAAx105100x105100XSchemeB30000Xx7100x1071001Now01025X30000Xx014493499X848424x10000Rs20000

compound interest @ 5% pa and 7% pa respectively. If the entire amount of interest in two years was ₹3499 and the entire amount Funded was ₹ 30000, then what was the amount Funded in scheme A?

A Rs 20,000

B Rs 15,000

C Rs 25,000

D Rs 16,000

E none of these

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Question

Mr. Ajay invested in two schemes A and B contributing

Solution

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