Question : Shilpa deposited same amount of money in two different banks, which pay simple interest at the rate of 10% and 12%, respectively. After 3 yr total interest received by her is Rs. 3300. The total amount deposited is
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QUESTION:
- Shilpa deposited same amount of money in two different banks, which pay simple interest at the rate of 10% and 12%, respectively. After 3 yr total interest received by her is Rs. 3300. The total amount deposited is?
EXPLANATION:
- LET MONEY DEPOSITED BY SHILPA IS RS "X"
- USE FORMULA FOR SI
- FIND VALUE OF X
- DOUBLE THAT AMOUNT TO GET THE TOTAL MONEY DEPOSITED
NOTE:
* ANSWER PROVIDED IN THE IMAGE*
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