other govt exam CCI Junior Commercial Executive & Junior Assistant 2024 Mock Tests Quantitative Aptitude Interest Simple and Compound Both
Harry invested his savings in the ratio 1:1 for two years in scheme A and scheme B. Scheme A provided an interest of ₹2544 on compound interest, interest compounded annually. Scheme B provided an interest of ₹2400 on simple interest. The rate of interest offered by both schemes is the same. Find the value of 70% of his total savings.
1
₹10,000
2
₹7,000
3
₹14,000
4
₹17,000