Question
A man invested ₹40,000 in two schemes A and B offering simple interest at the rate of 8% per annum and 10% per annum respectively. If the total interest earned after 2 years from both the schemes is ₹7,200 and the amount invested in scheme A is ₹x, find the value of
A man invested ₹40,000 in two schemes A and B offering simple interest at the rate of 8% per annum and 10% per annum respectively. If the total interest earned after 2 years from both the schemes is ₹7,200 and the amount invested in scheme A is ₹x, find the value of
x.
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