defence exam Army Cadet College (ACC) Previous Year Papers Mock Quantitative Aptitude Interest Simple Interest
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?
1
Rs. 6400
2
Rs. 6500
3
Rs. 7200
4
Rs. 7500