Question

Aman invested a certain amount of money, splitting it

Q: Answer-Aman invested a certain amount of money, splitting it into two equal parts. He placed one part in a...

ATQ Let the money invested in each part be Rs. PATQ So, required amount Rs. 1,200

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.

A Rs.1,000

B Rs.2,280

C Rs.1,200

D Rs.1,880