Ask your own question, for FREE!
Mathematics 16 Online
OpenStudy (anonymous):

A person divided his total amount into two parts in the ratio of 3:2. He invested the first part in a bank which gives simple interest at the rate of 10% pa and the second part in another bank which gives simple interest at the rate of 20%. If after 3 years the total interest received by him from both the banks is 42% of the total amount he deposited in both the banks together, what is the total amount he deposited?

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!