Question

Tina invests Rs. ‘X’ for 3 years at 6% p.a. simple interest. Mina invests the same Rs. ‘X’ for 2 years at 8% p.a. compound interest. If Tina’s interest is Rs. 340 more than Mina’s interest, find the value of 3X.

A Rs. 55700
B Rs. 80000
C Rs. 75000
D Rs. 95073
E None of these
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