Question
Rohit invested Rs. ‘x’ and Rs. ‘y’ in Scheme A and Scheme B respectively. He invested in Scheme A for 5 years at a simple interest rate of 6% p.a., while in Scheme B for 2 years at 9% p.a. The amount invested in Scheme A was Rs. 500 more than that in Scheme
Rohit invested Rs. ‘x’ and Rs. ‘y’ in Scheme A and Scheme B respectively. He invested in Scheme A for 5 years at a simple interest rate of 6% p.a., while in Scheme B for 2 years at 9% p.a. The amount invested in Scheme A was Rs. 500 more than that in Scheme
B. If the interest earned from Scheme A was Rs. 72 more than that from Scheme B, find the total amount invested in both schemes.
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