The respective ratio of the sums invested for 2 years each,

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IBPS PO 10-Oct-2015 With Answers
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M: +1.00/-0.25

The respective ratio of the sums invested for 2 years each, in scheme A offering 20% per annum 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 Rs.12000. How much was invested in scheme A?

[IBPS PO 10-Oct-2015 With Answers]

A Rs. 10500

B Rs. 15000,

C Rs. 12000,

D Rs. 12500,

E Rs. 10000