Question

An amount of 'a' is invested at an annual interest rate of 18% with simple interest, and another amount of  'a + 750' is invested at an annual interest rate of 24% with simple interest. After a period of 3 years, the combined interest earned from both investments amounts to Rs. 2052.determine the value of 'a' under these conditions.

A 1500
B 1300
C 1200
D 1525
E none of these
Practice Next

Relevant for Exams:

Hey! Ask a query