A) Rs.4, 000
B) Rs. 3,500
C) Rs. 4.200
D) Rs. 3,200
E) None of these
Correct Answer: A
Solution :
Each investment = Rs. x (let). \[S.I.=\frac{Principal\text{ }\times \text{ }Time\text{ }\times \text{ }Rate}{100}\] According to the question, \[\frac{x\times 12\times 4}{100}-\frac{x\times 8\times 4}{100}\] \[=5920-5280\] \[\Rightarrow \frac{16x}{100}=640\] \[\Rightarrow x=\frac{640\times 100}{16}=Rs.\,\,4000\]You need to login to perform this action.
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