ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!


    тЪб Month End Offer - Flat 52% Off On All Courses! Enroll Now тЪб
    00:00:00 AM Left

    Question

    Akshay invested Rs. 1200 in two schemes P and Q in the

    respective ratio of 7:3. Scheme P and Q are offering simple interest at the rate of 10% per annum and 12% per annum, respectively. Find the interest obtained after 2 years from scheme P.
    A Rs. 84 Correct Answer Incorrect Answer
    B Rs. 168 Correct Answer Incorrect Answer
    C Rs. 96 Correct Answer Incorrect Answer
    D Rs. 216 Correct Answer Incorrect Answer
    E Rs. 192 Correct Answer Incorrect Answer

    Solution

    Amount invested in scheme P = (7/10) ├Ч 1200 = Rs. 840 Interest earned from scheme P = 840 ├Ч 10% ├Ч 2 = Rs. 168

    Practice Next
    More Simple and compound interest Questions

    Relevant for Exams:

    ask-question