Mathematics for FinancePYQ Jun 23Question 1243 of 422
All Questions

Mr. Ram invested a total of $1,00,000$ in two different banks for a fixed period. The first bank yields an interest of $9\%$ p.a. and second, $11\%$ per annum. If the total interest at the end of one year is $9.75\%$ p.a., there the amount invested in these banks are respectively:

Options

A$52,500, 47,500$
B$62,500, 37,500$
C$57,500, 42,500$
D$67,500, 32,500$
For any discrepancies in this question, email contact@cadada.in

Correct Answer

Option c$57,500, 42,500$

All Options:

  • A$52,500, 47,500$
  • B$62,500, 37,500$
  • C$57,500, 42,500$
  • D$67,500, 32,500$

More Questions from Mathematics for Finance

Ready to Master Mathematics for Finance?

Practice all 422 questions with instant feedback, earn XP, track your streaks, and ace your CA Foundation exam.

Start Practicing — It's Free