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    Question

    80 Radhika has some money and she invested the money in

    two schemes A and B in ratio 2 : 5 for 2 years, scheme A offers 40% pa compound interest and scheme B offers 20% pa simple interest. Difference between the interest earned from both the schemes is Rs. 940. how much was invested in scheme B?
    A Rs. 56480 Correct Answer Incorrect Answer
    B Rs. 45870 Correct Answer Incorrect Answer
    C Rs. 58750 Correct Answer Incorrect Answer
    D Rs. 58580 Correct Answer Incorrect Answer
    E Rs. 60580 Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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