Mathematics · Simple Interest
Mr. Johny invested Rs. 19,500 divided into two different schemes A and B at simple interest rates of 30% and 12.5% per annum respectively. If the total simple interest earned in 2 years is Rs. 7,675, what was the amount invested in scheme A?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 17000✓
- 28000
- 36000
- 49000
Correct answer
7000
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