When two equal amounts are deposited for 5 years and 3 years at a rate – McqOptions

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1.	When two equal amounts are deposited for 5 years and 3 years at a rate of 7% and 9% per annum respectively, and the difference of their simple interest is Rs. 475. Then find the deposited amount.
A.	Rs. 5,937.5
B.	Rs. 6,037.5
C.	Rs. 5,837.5
D.	Rs. 5,992.5
Answer» B. Rs. 6,037.5

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