Question

A certain sum amounts to Rs. 1800 in 3 years and to Rs. 2592 in 5 years, when invested at R% p.a. compound interest, compounded annually. Find the amount received when Rs. 3000 is invested at (R – 10)% p.a. simple interest for 4 years.

A Rs. 3960
B Rs. 4200
C Rs. 4320
D Rs. 3840
E None of these
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