Vijay invested certain amounts of money in two schemes A and B
MATHEMATICS · Subjective · CBSE · Mathematics · Pair of Linear Equations in Two Variables · Pair of Linear Equations in Two Variables
Problem
Vijay invested certain amounts of money in two schemes A and B, which offer interest at the rate of 8% per annum and 9% per annum, respectively. He received ₹ 1,860 as the total annual interest. However, had he interchanged the amounts of investments in the two schemes, he would have received ₹ 20 more as annual interest. How much money did he invest in each scheme?