Question

    Sharad invested his assets of ₹ 30,000 in two schemes

    X and Y on simple interest. The rate of interest on X is 10% p.a. and on Y is 2% p.a. The total interest received in 2 year is ₹ 3,000. Find the sum invested in scheme X.
    A ₹11,280 Correct Answer Incorrect Answer
    B ₹11,200 Correct Answer Incorrect Answer
    C ₹11,300 Correct Answer Incorrect Answer
    D ₹11,250 Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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