Anand invested a sum of Rs. 30000 in three different schemes, first scheme provides 20% interest...
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Anand invested a sum of Rs. 30000 in three different schemes, first scheme provides 20% interest compounded annually. Second scheme provides 40% interest compounded quarterly and the third scheme provides 30% simple interest per annum. The first, second and third schemes are for 3 years, 1 year and 2 years respectively. Total interest obtained by Anand from all three schemes is Rs. 17665. If the interest obtained by Anand from the first scheme is Rs. 5824 then find the principal invested in second and third scheme together. 1. Rs. 20000 Rs. 22000 3. Rs. 18000 4. Rs. 16000 2. Anand invested a sum of Rs. 30000 in three different schemes, first scheme provides 20% interest compounded annually. Second scheme provides 40% interest compounded quarterly and the third scheme provides 30% simple interest per annum. The first, second and third schemes are for 3 years, 1 year and 2 years respectively. Total interest obtained by Anand from all three schemes is Rs. 17665. If the interest obtained by Anand from the first scheme is Rs. 5824 then find the principal invested in second and third scheme together. 1. Rs. 20000 Rs. 22000 3. Rs. 18000 4. Rs. 16000 2.
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Suppose P1 P2 and P3 are the sum invested in 3 schemes Since interest obtain... View the full answer
Related Book For
College Algebra Graphs and Models
ISBN: 978-0321845405
5th edition
Authors: Marvin L. Bittinger, Judith A. Beecher, David J. Ellenbogen, Judith A. Penna
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