susan invested certain amount of money in 2 schemes A and B which offer interest at the rate of 8%per annum and 9% per annum. she received rupees 1860 as annual interest. however had she interchanged the amount of investment in 2 schemes she would have received rupees 20 more as annual interest. how much money did she invest in each schemes??
answer fastt!!
Let the money invested in scheme A=Rs. x
And money invested in Scheme B=Rs. y
Now schemes A and B offer interest at the rate of 8%per annum and 9% per annum respectively and she received and annual interest of Rs. 1860
This means 8% of x + 9% of y=1860
or
Now if she interchanges the amounts invested in each scheme, she will get Rs.20 more as an annual interest.
That means 8% of y + 9% of x=1860+20
or
Now we solve (1) and (2) for x and y
and we get x=12000,y=10000
So money invested in Scheme A= Rs. 12000
and money invested in Scheme B= Rs.10000