Srinivasan invests two equal amounts in two banks giving 10% and 12% rate of interest, respectively. At the end of year

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Q 2474112056.     Srinivasan invests two equal amounts in two banks giving 10% and 12% rate of interest, respectively. At the end of year the interest earned is Rs. 1650. Find the sum invested in each.
IPPB-PO 2017 Mains 2401
A

Rs. 8500

B

Rs. 15000

C

Rs. 7500

D

Rs. 17000

E

None of these

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Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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