Karan invested Rs 9000 in scheme A at an interest rate of ( x + 2 ) % (x+2)% ( x + 2 ) % per annum and Rs 12000 in scheme B at an interest rate of ( x...

Question

Karan invested Rs 9000 in scheme A at an interest rate of (x+2)%(x+2)% per annum and Rs 12000 in scheme B at an interest rate of (x2)%(x-2)% per annum. Both schemes offer simple interest. After 5 years, the interest earned from both schemes is the same. Find the value of xx.

Options

A.

24

B.

14

C.

12

D.

10

E.

8

simple interestinvestmentalgebrainterest rate

Solve This Question

Get instant feedback with detailed step-by-step solution

Start Solving →