Question

Rohit invested Rs. ‘x’ at the rate of 10% p.a. simple interest for 4 years and Anil invested Rs. 70% of x at 8% p.a. compounded annually for 2 years. If their total interest is Rs. 616, find the value of ‘x’.

A 1250
B 1050
C 1180
D 1335
E None of these
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