1. | Mr. Thomas invested an amount of Rs. 13,900 divided in 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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Answer: Option A Explanation: Let the sum invested in Scheme A be Rs.
28 6 So, sum invested in Scheme B = Rs. (13900 - 7500) = Rs. 6400. |

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