Question

Akshay invested Rs. 1320 in two schemes P and Q in the respective ratio of 8:3. Scheme P and Q are offering simple interest at the rate of 5% per annum and 8% per annum, respectively. Find the interest obtained after 2 years from scheme P.

A Rs. 84
B Rs. 168
C Rs. 96
D Rs. 216
E Rs. 192
Practice Next

More Simple and compound interest Questions

Hey! Ask a query