Warning: implode(): Invalid arguments passed in /www/wwwroot/jobquiz.info/mdiscuss.php on line 336 The respective ratio of the sums invested for 2 years each, in Scheme A offering 20% p.a. compound interest (compounded annually) and in Scheme B offering 9% p.a. simple interest is 1 : 3. Difference between the interests earned from both the schemes ?->(Show Answer!)
1. The respective ratio of the sums invested for 2 years each, in Scheme A offering 20% p.a. compound interest (compounded annually) and in Scheme B offering 9% p.a. simple interest is 1 : 3. Difference between the interests earned from both the schemes is INR 1200/- . How much was invested in Scheme A