A certain bank offers 8% rate of interest on the 1st year and 9% on the 2nd year in a certain fixed deposit scheme. If Rs. 2943 are received after investing for 2 years in this scheme, then what was the amount (in Rs) invested?

A certain bank offers 8% rate of interest on the 1st year and 9% on th

1.	A certain bank offers 8% rate of interest on the 1st year and 9% on the 2nd year in a certain fixed deposit scheme. If Rs. 2943 are received after investing for 2 years in this scheme, then what was the amount (in Rs) invested?
A.	1200
B.	1500
C.	2500
D.	2000
E.	1667.67
Answer» D. 2000

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A certain bank offers 8% rate of interest on the 1st year and 9% on the 2nd year in a certain fixed deposit scheme. If Rs. 2943 are received after investing for 2 years in this scheme, then what was the amount (in Rs) invested?

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