Mathematics · Simple Interest

Mr. Jonathan invested a total of Rs. 18,500 divided into two different schemes A and B at a simple interest rate of 15% and 12.5% per annum respectively. If the total simple interest earned in 2 years is Rs. 5,225, what was the amount invested in scheme A?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

Correct answer

Rs. 12,000

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