Mr. Tuhin invested an amount of Taka 13,900 divided into two different schemes A and B at a simple interest rate of 14% p.a. and 11% p.a. respectively.If the total amount of simple interest earned in 2 years be Taka,3,298, what was the amount invested in scheme B?

1. Mr. Tuhin invested an amount of Taka 13,900 divided into two different schemes A and B at a simple interest rate of 14% p.a. and 11% p.a. respectively.If the total amount of simple interest earned in 2 years be Taka,3,298, what was the amount invested in scheme B?

[EXIM Bank Officer(Cash)-2011 : 2011]

Answer

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