Question
Sam invested a certain sum in scheme A for 5 years and in scheme B for 3 years, a sum which was double of that invested in scheme
Sam invested a certain sum in scheme A for 5 years and in scheme B for 3 years, a sum which was double of that invested in scheme
A. Both the schemes offer simple interest at the rate of 8% p.a. The difference between the amounts received from both the schemes was Rs. 12960. How much did Sam invest in scheme A?
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