Mathematics · Simple Interest

Mr. Jacob invested Rs. 17,500 by dividing it into two different schemes A and B at simple interest rates of 20% and 7.5% per annum respectively. If the total simple interest earned in 2 years is Rs. 3775, what was the amount invested in scheme A?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

Correct answer

Rs. 4600

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