Question
P and Q invested certain amount of money in two SIP's A and
P and Q invested certain amount of money in two SIP's A and
B. SIP A offers simple interest at rate of 12.5% for 4 years and SIP B offers compound interest at rate of 20% for 2 years. Ratio between the total amount invested by P and Q is 3 : 4. P invested 25% of his amount in SIP A and rest in SIP
B. Q invested 80% of his money in SIP A and rest in
B. If P invested total Rs._________, then the difference between the total interest earned by P and Q from both SIP's is Rs._____________. Which of the following options can fill the blanks.
I. Rs. 12000 and Rs. 2348
II.Rs. 15000 and Rs. 2935
III.Rs. 18000 and Rs. 3522
IV.Rs. 24000 and Rs. 4696
V. None of these
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