Mathematics · Simple Interest
An investor placed a total sum of Rs. 4400 into three different schemes offering simple interest at 4%, 5%, and 10% per annum. After one year, the interest earned from each scheme was identical. What was the specific amount invested in the 5% scheme?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Rs. 800
- 2Rs. 1200
- 3Rs. 1600✓
- 4Rs. 2000
Correct answer
Rs. 1600
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Simple Interest MCQs →Want more practice questions on Simple Interest?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Simple Interest