Question

Mr. dua invested money in two schemes a and b offering compound interest @ 8, p.c.p.a. and 9 p.c.p.a. respectively. if the total amount of interest accrued through two schemes together in two years was rs. 4818.30 and the total amount invested was rs. 27,000, what was the amount invested in scheme a ?

Answer 1

The answer should be Rs. 2775/-




Thanks