Let the money in first installment = Rs. x
Second installment = Rs. (35000 - x)
The principal is defined as:
⇒ P = (3600 × 100)/(12 × 2) = Rs.15000
(Using SI in scheme A)
The money in first installment = Rs. x = Rs.15000
Scheme B=Rs. (35000 - 15000) = Rs.20000
⇒ CI = P[(1 + R/100)² - 1]
= 2000[(1 + 10/100)² - 1] = Rs.4200
Let the money in first installment = Rs. x
Second installment = Rs. (35000 - x)
The principal is defined as:
⇒ P = (3600 × 100)/(12 × 2) = Rs.15000
(Using SI in scheme A)
The money in first installment = Rs. x = Rs.15000
Scheme B=Rs. (35000 - 15000) = Rs.20000
⇒ CI = P[(1 + R/100)² - 1]
= 2000[(1 + 10/100)² - 1] = Rs.4200