Question

'R' invested Rs. 24,000 in SIP 'A' with a compound interest rate of 20% per annum compounded annually, and Rs. 18,600 in SIP 'B' with a simple interest rate of 30% per annum. Determine the total interest earned by 'R' after 3 years from both SIPs combined.

A Rs.24200
B Rs.34212
C Rs.44232
D Rs.34225
E none of these
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