Mr thomas invested an amount of rs 13900 divided in two, Ask an Expert

Management Studies

Mr. Thomas invested an amount of Rs. 13,900 divided in two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be Rs. 3508, what was the amount invested in Scheme B?

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Operation Management, Management Studies

Category:- Operation Management
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