Mr. Thomas invested an amount of Rs. 13,900 divided into two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be Rs. 3508, what was the amount invested in Scheme B?

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Question:Mr. Thomas invested an amount of Rs. 13,900 divided into two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be Rs. 3508, what was the amount invested in Scheme B?

1. Rs. 6400

2.Rs. 6500

3.Rs. 7200

4. Rs. 7500

Posted by R4R Team
  1. Mr. Thomas invested an amount of Rs. 13,900 divided into two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be Rs. 3508, what was the amount invested in Scheme B?
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