three person amar akbar anthony invested different amount in a fixed deposit scheme for one year at the rate of 12% ler anum and earned a total interest of Rs. 3,240 at the end of the year. tge amount invested by akbar is Rs. 5000 more than the amount paid by amar and the amount invested by anthony is Rs. 2000 more than amount invested by akbar what is tha amount invested by akbar
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Let the amount invested by amar be x and that by Akbar be(5000+x) and Anthony invested (5000+2000+ x)
therefore by formula simple interest = P*R*N/1000
12x/100 +(5000+x)12x/100 +(7000+x)12x/100
we get by solving x = 5000
so the amount invested by Akbar is 5000 +x =10000
Step-by-step explanation:
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