1. A invests on some scheme at 5% and B at 3% for two years. If the total sum invested by A and B is 4000 and the simple interest received by both is same then find the amount invested by A.
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- By: anil on 05 May 2019 01.35 amLet the amount invested by A be Rs y , then amount invested by B be Rs (4000-y) Rate of interest for A = 5% rate of interest for B = 3% time = 2 years As it is given that interest for both are same .So, $$frac{y imes5 imes2}{100}$$ = $$frac{(4000-y) imes3 imes2}{100}$$ y = Rs 1500
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