Question
Aman invested a certain amount of money, splitting it
into two equal parts. He placed one part in a simple interest scheme at an annual rate of 10% for 6 years and the other part at the same rate for 48 months. The difference in the interest earned from these two investments is Rs. 240. Determine the amount invested in each part.Solution
ATQ; Let the money invested in each part be Rs. ‘P’ATQ; 
So, required amount = Rs. 1,200
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The acid-test (quick) ratio excludes:
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