Question

3
14. Rohit had a certain sum of money. 5th of the total money he invested in Scheme
A for 8 years and rest of the money he invested in Scheme B for 2 years. Scheme
A offers simple interest at a rate of 18% pa. and Scheme B offers compound
interest (compounded annually) at a rate of 10% pa. If the total interest received
by Rohit is Rs. 1422. what was the total amount invested by him in Scheme A and
Scheme B together ?
1) Rs. 1500 2) Rs. 900 3) Rs. 1.296 4) Rs. 1800 5) Rs. 1026
were invested for 5 years in Scheme A which offers simple interest at a
Do​

Answer 1

Answer:

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Step-by-step explanation:

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