Question
Suppose a man invested an amount in the ratio of 3 : 2 at the rate of (r – 1)% & (2r – 16)% respectively at simple interest. If bigger amount invested for 2 years and man gets interest in the ratio of 15:16, then what will be the smaller amount invested for how many years.
Pratik invested Rs. 6800 in a Mutual Fund 'X' for two years which offered S.I. at the rate of r% per annum and gets total interest of Rs. 2176. There is also another Mutual fund 'Y', which offered
C.I annually at the rate of (r –6) %.
C.I annually at the rate of (r –6) %.
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