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A man invested a certain amount in scheme A at rate of 15% p.a. for two years and he received total simple interest of Rs 7800. The man increased the
Question



A man invested a certain amount in scheme A at rate of 15% p.a. for two years and he received total simple interest of Rs 7800. The man increased the amount by Rs. X and invested in another scheme B on compound interest at rate of 10% p.a. for two years and received Rs. 6720 as interest. Find the value of X (in Rs.)?

A.

8000

B.

5000

C.

4000

D.

3000

E.

6000

Correct option is E



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