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Question

Rohit invested Rs. (x + 1500) in scheme ‘A’ which offers simple interest of 14% p.a. and Rs. (x + 2500) in scheme ‘B’ which offers simple interest of 10% p.a. At the end of 2 years, if the interest received from scheme ‘A’ is Rs. 120 more than that from scheme ‘B’, then find the value of ‘x’.

A 2500

B 3000

C 3500

D 4000

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