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Q:
A) Rs 200 | B) Rs 300 |
C) Rs 400 | D) Rs 500 |
Answer: D) Rs 500
Explanation:
Explanation:
Amount invested in savings scheme P= Rs X
Amount invested in savings scheme Q= Rs (8000-X)
Compounding 30 % for 2 years , rate
30+30+ (30*30)/100= 69 %
60 % of X-69 % of (8000-X)=930
X= 5000
In savings savings scheme Q = 8000-5000=3000
5000 - 1500 = 3500
Difference =3500-3000=Rs 500