Question

Karan invested Rs. (x + 250) in Scheme A at a simple interest rate of 25% p.a. for 2 years, and the interest received is Rs. 1000. He then invested Rs. 3x in Scheme B at R% p.a. simple interest, and the total amount received from Scheme B after 3 years is Rs. 9030. Find the value of R.

A 36%
B 24%
C 42%
D 20%
E None of these
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