Question

Rs. 80Y invested for 6 years at simple interest of 15% p.a., yields an interest of Rs. 4320. If Rs. 100Y is invested for 2 years at compound interest (compounded annually) of 12% p.a., then find the amount received.

A RS.5000
B Rs.7526
C Rs.6922
D Rs.3571
E None of these
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