Two different amounts are invested in two schemes. In scheme A, amount X is invested at 8 % per annum and in scheme B amount (X+1400) is invested at 12% per annum. After 2 years difference between both interests is 880, then find the value of X?
7200
5500
6800
7300
None of these
In scheme A Interest =
In scheme B Interest
ATQ,
- = 880
X = 6800
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IBPS Clerk Prelims 2017
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