Subject

    Bank Exam

    Topic

    EXIM Bank Ltd. MTO 2013

    Mr. Khan invested an amount of Tk. 13,900 divided into two different schemes A and B at a simple interest rate of 14% per annum and 11% per annum respectively. If the total amount of simple interest earned in 2 years be Tk. 3,508, what was the amount invested in Scheme B?

    ক)
    Tk. 6400
    খ)
    Tk. 6500
    গ)
    Tk. 7200
    ঘ)
    Tk. 7500

    Explanation

    Let the sum invested in Scheme A be Rs. x and that in Scheme B be Rs. (13900 - x ) Then (Xx14x100/2)X{(13900 - x ) x 11 x 2/100}=3508 =>28 x - 22 x = 350800 - (13900 x 22) => 6 x = 45000 =>x = 7500. So, sum invested in Scheme B = Rs. (13900 - 7500) = Rs. 6400.

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