Mathematics · Simple Interest
Rajesh invested Rs. 10,000 by dividing it into two different investment schemes, A and B, at simple interest rates of 8% and 10% per annum, respectively. If the total interest earned in 2 years is Rs. 1,680, the amount invested in scheme A is:
- 1Rs. 4,000
- 2Rs. 6,000
- 3Rs. 2,000
- 4Rs. 8,000✓
Correct answer
Rs. 8,000
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