A person invests ₹ 3,43,000 for one year in two different schemes A and B. Scheme A gives him a simple interest at the rate of 6% per annum and scheme B gives him a simple interest at the rate of 20% per annum. If he gains an overall interest of 8% per annum then find the sum of money invested in scheme A?

Question

Examsnet · Accepted Answer

Correct Answer is : ₹ 2,94,000

IBPS PO Prelims Model Paper 6 with solutions