Aman invested a sum of money in scheme A at the rate of 8% p.a. for a period of 5 years on simple interest. He invested four times the sum of scheme A...
Question
Aman invested a sum of money in scheme A at the rate of 8% p.a. for a period of 5 years on simple interest. He invested four times the sum of scheme A in scheme B at the rate of 5% p.a. for 7 years on simple interest. He received a total interest amount of ₹1,620. How much (in ₹) did he invest in scheme B?