A invests a certain amount in a scheme at an interest rate of 5% per annum, and B invests the remaining amount at 3% per annum for 2 years. The total ...
Question
A invests a certain amount in a scheme at an interest rate of 5% per annum, and B invests the remaining amount at 3% per annum for 2 years. The total amount invested by A and B together is $4000. If the simple interest earned by both A and B is the same, what is the amount invested by A?