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A man invested Rs. x in scheme A on simple interest at the rate 20% p.a. for three years and he invested Rs. (x+3000) in scheme B on simple interest a
Question


A man invested Rs. x in scheme A on simple interest at the rate 20% p.a. for three years and he invested Rs. (x+3000) in scheme B on simple interest at the rate 20% p.a. for two years. If interest received by man from scheme B is Rs. 400 more than that of from scheme A, then find the value of x (in Rs.).

A.

2000

B.

4000

C.

6000

D.

8000

E.

3000

Correct option is B


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