

Simple Interest - General Aptitude
Q1: Mr. Thomas invested an amount of Rs. 13,900 divided in two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be Rs. 3508, what was the amount invested in Scheme B?A Rs. 6400
B Rs. 6500
C Rs. 7200
D Rs. 7500
E None of these
ANS:A - Rs. 6400 Let the sum invested in Scheme A be Rs. x and that in Scheme B be Rs. (13900 - x).
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