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A man invested Rs. X in two different scheme’s A and B in the ratio of 3: 7 respectively. Scheme A offers simple interest at rate of 8% p.a. and schem
Question


A man invested Rs. X in two different scheme’s A and B in the ratio of 3: 7 respectively. Scheme A offers simple interest at rate of 8% p.a. and scheme B offers simple interest at rate of 12% p.a., After four years, the man received Rs. 6480 as interest, then find the value of X (in Rs.)?

A.

7500

B.

6000

C.

10000

D.

15000

E.

20000

Correct option is D



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