Question

A sum of Rs. 30,000 is invested in SIP 'C' which offers 12% p.a. simple interest for 3 years. The interest received from SIP 'C' is invested in SIP 'D' which offers 18% p.a. simple interest for 2 years. Find the interest received from SIP 'D'.

A Rs.3,888
B Rs.2,550
C Rs.1,200
D Rs.1,250
E none of these
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