Mathematics · Simple and Compound Interest
Rs. 5200 was partly invested in scheme A at 25% per annum compound interest (compounded annually) for 2 years and partly in scheme B at 25% per annum simple interest for 4 years. Both the schemes earn equal interests. How much was invested in scheme A?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 2800
- 2Rs. 3000
- 3Rs. 4000
- 4Rs. 3328✓
Correct answer
Rs. 3328
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