Arun invested Rs x x x in Scheme I for 3 years at a simple interest rate of 12% per annum. Kush invested Rs x + 4000 x + 4000 x + 4000 in Scheme II fo...

Banking SBI PO Prelims Medium Simplification/ Approximation MCQ

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Arun invested Rs $x$ in Scheme I for 3 years at a simple interest rate of 12% per annum. Kush invested Rs $x + 4000$ in Scheme II for 2 years at a compound interest rate of 20% per annum. If the total interest earned by both Arun and Kush is Rs 3360, find the amount invested by Kush.

Options

Rs $6000$

Rs $4500$

Rs $2000$

Rs $3500$

Rs $5200$

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Arun invested Rs x x x in Scheme I for 3 years at a simple interest rate of 12% per annum. Kush invested Rs x + 4000 x + 4000 x + 4000 in Scheme II fo...

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