A person invests a total of $\text{Rs. } 22,000$ in three schemes for $2$ years, $4$ years, and $6$ years at $10\%$ p.a. simple interest respectively. If the interest received from each scheme is the same, find the amount invested in the first scheme.
Options:
- A: $\text{Rs. } 10,000$
- B: $\text{Rs. } 12,000$
- C: $\text{Rs. } 14,000$
- D: $\text{Rs. } 15,000$
Related Practice Questions:
- A sum of ₹4000 is invested at compound interest for 2 years at a rate of 10% per annum. What will be the total amount at the end of 2 years?
- At what rate of simple interest per annum will a sum of money double itself in 8 years?
- The difference between the compound interest and simple interest on a certain sum of money for 2 years at 5% per annum is ₹25. Find the sum.
- The study of living organism :
Loading Preview