Question: David invested certain amount in three different schemes A, B and C with the rate of interest 10% p.a., 12% p.a. and 15% p.a.

David invested certain amount in three different schemes A, B and C with the rate of interest 10% p.a., 12% p.a. and 15% p.a. respectively. If the total interest accrued in one year was Rs. 3200 and the amount invested in Scheme C was 150% of the amount invested in Scheme A or 240% of the amount invested in Scheme B, what was the amount invested in Scheme B? 1. Rs. 5000 2. Rs. 6500 3. Rs. 7500 4. Rs. 7000
Step by Step Solution
3.44 Rating (144 Votes )
There are 3 Steps involved in it
Let x y and z be the amounts invested in schemes A B and C respectively Then As we ... View full answer
Get step-by-step solutions from verified subject matter experts
