Question

A person deposits Rs. ‘x’ in savings scheme A and Rs. ‘x/2’ in scheme
B. The interest rates are 7% p.a. and 6% p.a. respectively. If after 3 years the total simple interest is Rs. 693, determine the value of ‘x’.

A Rs.2310
B Rs.2900
C Rs.2800
D Rs.2500
E None of these
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