Question

Ganesh invested an amount of Rs x in a fixed deposit scheme offering 5% per annum for 1st year and 15% per annum for 2nd year and received an amount of Rs 9660 after two years. What is the value of x (in Rs)?

A) 9000 B) 8000 C) 8500 D) 8200

Answer 1

Answer:

8200 hope this helps you..

Answer 2

Step-by-step explanation:

case1:  for 5% we recieve 5/100= 1/20 th of the principal

then amount will 21

case 2: for 15% we recieve 15/100= 3/20 th of the principal

then amount will be 23

hence , 9660x20x20

                        21x23

we get 8000 as answer