A man invested Rs. ( X − 2500 ) (X - 2500) ( X − 2500 ) on simple interest for 5 years and 3 days at an interest rate of 8.006% per annum in scheme A....

Question

A man invested Rs. (X2500)(X - 2500) on simple interest for 5 years and 3 days at an interest rate of 8.006% per annum in scheme A. He also invested Rs. XX on compound interest for 2 years and 2 days at a rate of 10% per annum in scheme B. If the approximate difference between the interest received from both schemes is Rs. 900, find the amount invested in scheme A (in Rs.).

Options

A.

5000

B.

5500

C.

7840

D.

7500

E.

5600

simple interestcompound interestapproximationinvestmentinterest calculation

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