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      Question

      Akshay invested Rs. 1560 in two schemes P and Q in the

      respective ratio of 9:4. 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 = (9/13) Γ— 1560 = Rs. 1080 Interest earned from scheme P = 1080 Γ— 10% Γ— 2 = Rs. 216

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