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Vidya Katkar

· started a discussion

· 1 Months ago

Solution (Question:701558.1)

I can not understand the answer please full explain this

Question:

DIRECTIONS: Study the following information carefully and answer the questions that follow. The table below shows sum of money invested by different persons in three different scheme of a bank.

Person

Scheme  A

Scheme B

Scheme C

Rohit

12000

18000

Ankit

16000

Priya

15000

Arnav

15600

Amrit 

18000

Note: simple interest is calculated on sum

If the ratio between the interest received by Ankit fromu scheme C and Priya from scheme B after two years at same rate, which is equal to 10% per annum is 3:5, then find the sum of money invested by Ankit in Scheme C?

Options:
A)

15000

B)

9000

C)

12000

D)

8000

E) 7000
Solution:

Ans:(b)

Let the amount invested by Ankit be x

x×2×1010015000×2×10100 = 3:5       

2x30000=35    

X=Rs.9000

Amount invested by Ankit in scheme C = Rs. 9000 

Knowledge Expert

· commented

· 1 Months ago

Dear student,
The given answer and answer solution is correct , kindly go through the answer solution.

Regards
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