Question

Mr. X invested Rs. 500 in two schemes, A and B in the ratio of 7:3, respectively. Scheme A and B are offering simple interest at rate of 12% per annum and 22% per annum. Find the total interest obtained from both schemes after 2 years.

A Rs. 100
B Rs. 120
C Rs. 130
D Rs. 150
E None of these
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