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Mr. Kumar invested money in two schemes A and B, offering compound interest at 8 p.c.p.a. and 9 p.c.p.a. respectively. If the total amount of interest accrued through the two schemes together in two years was Rs. 4818.30 and the total amount invested was
Rs, 15,000
Rs. 13,500
Rs. 12,000
cannot be determined
16.64x/100 +18.81/100 * 2700-x is 4818
16.64x + 18.81*2700-x is 481830
16.64x + 507870 - 18.81x is 481830
-2.17x is 481830 - 507870
2.17x is 26040, x is 26040/2.17 is 12000/-.
Hence, the option 3 is correct.
By: Amit Kumar ProfileResourcesReport error
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