MCQOPTIONS
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| 1. |
Two friends, Prakash and Prabhash invested some money in two different schemes in a bank. The rate of interest received by Prakash is 25% per annum simple interest and the rate of interest received by Prabhash is 20% per annum simple interest. At the end of two years, the amount received by Prakash is 150% of the amount received by Prabhash. If the sum of the total investments by Prakash and Prabhash is Rs. 84000.[S.1 Q.1] What is the difference between the amount received by Prakash and that by Prabhash at the end of 2 years? |
| A. | Rs. 22500 |
| B. | Rs. 14000 |
| C. | Rs. 24500 |
| D. | Rs. 28500 |
| E. | None of these |
| Answer» D. Rs. 28500 | |