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. Find the interest obtained from second scheme if the ratio of amount invested in scheme 1 and 3 is 2:3 and the interest obtained by Anand from first scheme is Rs. 5824. 1. Rs. 7200 2. Rs. 5842 3. Rs. 3310 4. Rs. 4641 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. Find the interest obtained from second scheme if the ratio of amount invested in scheme 1 and 3 is 2:3 and the interest obtained by Anand from first scheme is Rs. 5824. 1. Rs. 7200 2. Rs. 5842 3. Rs. 3310 4. Rs. 4641

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Calculation Suppose P1 P2 and P3 are the sum invested in ... View the full answer