Question

Mr. X invested Rs. 1600 in two schemes, A and B in the ratio of 7:3, respectively. Scheme A and B are offering simple interest at rate of 10% per annum and 20% per annum. Find the total interest obtained from both schemes after 2 years.

A Rs. 426
B Rs. 436
C Rs. 416
D Rs. 476
E None of these
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