Mathematics · Compound Interest
Raman invests a total of Rs. 48,600 in two schemes, A and B, both offering interest compounded annually. Scheme A offers 60% p.a. and Scheme B offers 40% p.a. If after 3 years, the total amounts (values) of the two investments A and B are in the ratio of 5 : 3 respectively, what was the initial ratio of the investments made in B and A?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11536 : 1715✓
- 2343 : 512
- 31283 : 1296
- 4113 : 243
Correct answer
1536 : 1715
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