Question
Rajan invested Rs. ‘x’ at 25% p.a. simple interest for 4 years and Rs. (x + 400) at 20% p.a. compound interest, compounded half yearly for 1 year. The sum of the interest received from the two investments is Rs. 3956. Find the amount received when the Rs. (x + 600) is invested at 12% p.a. simple interest for 2 years. Which of the following statements is true?
Rajan invested Rs. ‘x’ at 25% p.a. simple interest for 4 years and Rs. (x + 400) at 20% p.a. compound interest, compounded half yearly for 1 year. The sum of the interest received from the two investments is Rs. 3956. Find the amount received when the Rs. (x + 600) is invested at 12% p.a. simple interest for 2 years. Which of the following statements is true?
I. Rs. (x + 1512)
II. Rs. (3x/4 + 2312)
III. Rs. (x/2 + 3112)
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