Mr.Jonathan invested Rs. 18,500 divided into two different schemes, A and B, at S.I of 15% and 12.5% respectively. If the total amount of the simple interest earned in 2 years is Rs. 5225, what was the amount invested in scheme A? (In Rs.)
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3 i.e. 12000.
Let investment in A = x
⇒ 0.3x + 0.25(18500 - x) = 5225
⇒ 0.3x + 4625 - 0.25x = 5225
⇒ 0.05x = 600
⇒ x = 600/0.05 = 12000