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Algebra 12 Online
OpenStudy (anonymous):

Rohit wants to deposit an amount of at least Rs 10,000 and at most Rs 20,000 in two banks A and B. He can deposit at least Rs 8,000 in each bank. Bank A offers a simple interest of 5% per annum and bank B offers a simple interest of 6% per annum. How can Rohit deposit money in the two banks in order to obtain the maximum interest?

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