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An amount of Rs. 12,200 was partly invested in Scheme X at 10% pa compound interest for 2 years and partly in Scheme Y at 10% pa simple interest for 4 years and both the schemes earn equal interests. How much was invested in Scheme X?a)4,000b)2,000c)9,000d)8,000e)5,000Correct answer is option 'D'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about An amount of Rs. 12,200 was partly invested in Scheme X at 10% pa compound interest for 2 years and partly in Scheme Y at 10% pa simple interest for 4 years and both the schemes earn equal interests. How much was invested in Scheme X?a)4,000b)2,000c)9,000d)8,000e)5,000Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for An amount of Rs. 12,200 was partly invested in Scheme X at 10% pa compound interest for 2 years and partly in Scheme Y at 10% pa simple interest for 4 years and both the schemes earn equal interests. How much was invested in Scheme X?a)4,000b)2,000c)9,000d)8,000e)5,000Correct answer is option 'D'. Can you explain this answer?.

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