Question

A person invested Rs. P on simple interest at the rate of 15% for 5 years, and he invested Rs.(P + 100) at 10% compound interest for 2 years. The total interest obtained is Rs. 5013. Find the total amount (in Rs.) invested by the person.

A Rs. 11,200 Correct Answer Incorrect Answer
B Rs. 12,200 Correct Answer Incorrect Answer
C Rs. 10,200 Correct Answer Incorrect Answer
D Rs. 10,500 Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

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