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An amount of Rs.1,00,000 is invested in two types of shares. The first yields an interest of 9% per annum and second yields 11% per annum. If the total interest at the end of 1 year is 9¾%, then the amount invested in each share was

Correct Answer: Rs.62,500, Rs.37,500

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Math MCQ: An amount of Rs.1,00,000 is invested in two types of shares. The first yields an interest of 9% per annum and second yields 11% per annum. If the total interest at the end of 1 year is 9¾%, then the amount invested in each share was | Extra Education