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Rakesh has invested his Rs. 10000 in two different schemes i.e., NSC and PPF at the compound interest rates of 14% and 11% respectively. If the interest amount of 2 years is Rs. 2726, then calculate the principle amount of NSC.

Correct Answer: Rs. 6000

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Math MCQ: Rakesh has invested his Rs. 10000 in two different schemes i.e., NSC and PPF at the compound interest rates of 14% and 11% respectively. If the interest amount of 2 years is Rs. 2726, then calculate the principle amount of NSC. | Extra Education