Question

Amit deposited Rs. 18,000 in scheme ‘A’ which offers simple interest of 10% p.a., for 3 years and Rs. 7,000 in scheme ‘B’ which offers simple interest of 12% p.a., for 5 years. Find total amount received from both schemes together.

A Rs. 34,600
B Rs. 9,600
C Rs. 25,000
D Rs. 37,600
E None of these
Practice Next

More Simple and compound interest Questions

Relevant for Exams:

Hey! Ask a query