Mr Sridharan invested money in two schemes A and B, offering compound interest @a 8 p.c.p.a. and 9 p.c.p.a. respectively. If the total amount of interest accrued through the two schemes together in two years was F 4818.30 and the total amount invested was F 27,000, what was the amount invested in Scheme A?

A. ?15,000

B. ? 13;500

C. ?12,000

D. Cannot be determined

E. None of these

View Answer

1

Correct Answer :
?12,000

Explanation :
No Explanation available for this question

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