Question

Neha invests Rs. P in Scheme A at 12% p.a. simple interest for 3 years and Rs. Q in Scheme B at 10% p.a. compound interest for 2 years. If the ratio of interest received from Schemes A and B is 4 : 7, respectively, and the difference between Q and P is Rs. 4000, then find the value of Q.

A Rs.4200
B Rs.6000
C Rs.7250
D Rs.8700
E None of these
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