Placement Simple Interest Problem 5

Placement Simple Interest Problem 5

Mr Anand deposited a total amount of ₹65000 in three different schemes A, B and C with rates of interest 12% per annum, 16% per annum and 18% per annum, respectively and earned a total interest of ₹10,180 in one year. If the amount invested in Scheme A was 72% of the amount invested in Scheme C, then what was the amount invested in Scheme B?

  1. ₹25000

  2. ₹22000

  3. ₹18000

  4. Cannot be determined