Mathematics · Simple Interest
S deposits a total of ₹50,000 in two accounts which give 8% and 12% simple interest annually, respectively. After one year, he gets a total of ₹5,200 in interest. How much money did he deposit in the account with the 12% interest rate?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹25,000
- 2₹20,000
- 3₹32,000
- 4₹30,000✓
Correct answer
₹30,000
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