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A man invested certain amount in two schemes A and B, he invested 30% of the amount in scheme A at rate of 10% p.a. and rest in scheme B at rate of 5%
Question


A man invested certain amount in two schemes A and B, he invested 30% of the amount in scheme A at rate of 10% p.a. and rest in scheme B at rate of 5% p.a., If after four years the man received total interest of Rs 1300, then find the amount invested by man in scheme B (in Rs.)?

A.

5000

B.

1500

C.

3000

D.

3500

E.

4500

Correct option is D



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