Question

A sum when invested at simple interest of 5% p.a. amounts to Rs. 18,000 after 4 years. If the same sum was invested at simple interest of 12% p.a. for 3 years, then what would be the interest earned?

A Rs. 4,500
B Rs. 5,400
C Rs. 6,000
D Rs. 4,800
E Rs. 5,000
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