Rs 12000 was invested for 2 years partly in scheme A at the rate of 5 SI per annum and partly in sch...........

Quantitative Aptitude ( CCS) Simple Interest

Rs.12000 was invested for 2 years, partly in scheme A at the rate of 5% SI per annum and partly in scheme B at the rate of 8% SI per annum. The total interest received at the end was Rs.1800. What amount of money was invested in scheme A ?

2000

1600

3200

4200

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Explanation:

x*5*2/100 + (12000-x)*2*8/100 = 1800
x/10 + 192000-16x/100 = 1800
10x+192000-16x=180000
6x = 12,000
x = 2000

By: Pranav Gupta

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Rs 12000 was invested for 2 years partly in scheme A at the rate of 5 SI per annum and partly in sch...........

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Explanation:

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