Question

An investment of Rs. 8,430 is made in a Mutual Fund, offering a 10% per annum simple interest rate for 'p' years, while another investment of Rs. 8,800 is made in a Systematic Investment Plan (SI

  • P , offering a 20% per annum simple interest rate for 'p - 3' years. If the total interest earned from both the Mutual Fund and SIP amounts to Rs. 10,338, can you calculate the value of 'p'?
A 10
B 6
C 12
D 8
E 14
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