Question

Rs. (X+500) is invested in scheme A for 5 years at 10 % simple interest. The received amount is then invested in another scheme B offering 10% interest for 2 years at compound interest. Interest received from scheme B was Rs.3780. Find the value of X.

A Rs. 10500
B Rs. 11000
C Rs. 11550
D Rs. 10000
E Rs. 11500
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