Question

"R" put Rs.(r + 5000) into a SIP that offered 12% annual simple interest for four years. He also made a three-year investment of Rs. (r - 5000) in the same SIP. If the interest received from the two investments differs by Rs. (0.4r). Find out what 'r' is worth.

A 25000
B 15000
C 22520
D 11562
E none of these
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