Question

Priya invested Rs. 5,500 in scheme ‘C’ offering simple interest of 12% p.a. After 5 years, she reinvested the interest earned in scheme ‘D’ offering compound interest of 9% p.a compounded annually. Find the total amount Priya received from scheme ‘D’ after 3 years.

A Rs.2,149.28
B Rs.5,149.28
C Rs.4,273.50
D Rs.3,932.50
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