Question

Rs. 6,600 is invested in scheme ‘A’ offering simple interest of 13% p.a. and Rs. 2500 in scheme ‘B’ offering simple interest of 4% p.a. What is the difference in interests earned from the two schemes after 3 years?

A Rs. 2274
B Rs. 2074
C Rs. 2264
D Rs. 2284
E None of these
Practice Next

More Simple and compound interest Questions

Hey! Ask a query