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Nikhil invested certain amount in three ...

Nikhil invested certain amount in three different schemes A,B and C with the rate of interest 10% per annum, 12% per annum and 15% per annum, respectively., if the toal interest in one year was Rs. 3200 and the amount invested in scheme C was 150% of the amount invested in Scheme A and 240% of the amount invested in Scheme B,what was the amount invested in scheme B? ?

A

8000

B

5000

C

6500

D

Cannot be determined

Text Solution

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The correct Answer is:
B
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  • David invested certain amount in three different schemes A, B and C with the rate of interest 10% p.a., 12% p.a and 15% p.a. respectively. If the the total interest accrued in one year was 3200 and the amount invested in Scheme C was 150 % of the amount invested in Scheme A and 240% of the amount invested in Scheme B, what was the amount invested in Scheme B?

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