Question

Pawan invested Rs. 12,000 in a Systematic Investment Plan (SI

  • P that provides compound interest at an annual rate of 25%, compounded yearly for 2 years. After the completion of 2 years, he allocated 65% of the total amount he received to his son and the remaining portion to his brother. Determine the difference between the amounts received by his son and his brother.
A Rs.5000
B Rs.5625
C Rs.2200
D Rs.3200
E None of these
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