# Ashok has to deposit a total of Rs.18000 in two savings schemes of a bank, of which the first one yields a simple interest of 6% p.a. and the second one yields 8% p.a. simple interest. How much should Ashok deposit in the first scheme so that the total amount deposited earns interest at a rate of 7.6% p.a.? Option 1) Rs.4400 Option 2) Rs.3600 Option 3) Rs.7200 Option 4) Rs.3500Option 5) Rs.5600

First calculate interest =

If we lent the whole amount sum at 8 % rate the interest

Difference in original interest and this assumed interest

It is because the difference in rate of interest

So the sum lent in the scheme which gives 6% interest is

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