question_answer

A sum of Rs.7000 is deposited in two schemes. One part is deposited in Scheme A which offers 8% rate of interest. Remaining part is invested in Scheme B which offers 10% rate of interest compounded annually. If interest obtained in scheme A after 4 years is Rs. 226 more than the interest obtained in scheme B after 2 years, find the part deposited in scheme B.

A) Rs. 2800

B) Rs. 3850

C) Rs. 3580

D) Rs. 3800

E) None of these