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 accumulated values of investments A and B are in the ratio 5:3 respectively, what was the initial ratio of investments made in B and A?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1113 : 244
- 21283 : 1296
- 3343 : 512
- 41536 : 1715✓
Correct answer
1536 : 1715
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