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| 1. |
Ramakant invested amounts in two different schemes A and B for five years in the ratio of 5:4 respectively. Scheme A offers 8% simple interest and bonus equal to 20% of the amount of interest earned in 5 years on maturity. Scheme B offers 9% simple interest. If the amount invested in scheme A was Rs. 20000, what was the total amount received on maturity from both the schemes? |
| A. | Rs. 50800 |
| B. | Rs. 51200 |
| C. | Rs. 52800 |
| D. | Rs. 58200 |
| Answer» B. Rs. 51200 | |