Shivansh divided Rs. 60,000 in two parts and invested each part in two different banks. First bank offers interest at a rate of 5% per annum and second bank offers interest at a rate of 12% per annum. If the total interest received by Shivansh after 1 year is Rs. 4400, then find the sum invested in 1st bank.
1
20,000
2
30,000
3
40,000
4
50,000