Question

Rs. X is invested in a scheme offering 250/4% p.a. for 2 years. The total amount received is Rs. 40,495. If Rs. (X + 3,000) is invested in another scheme offering 15% p.a. simple interest for 3 years, find the interest earned.

A Rs. 8,100
B Rs. 10,252
C Rs. 12,564
D Rs. 14,756
E Rs. 16,402
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