Mr. Lal invested Rs. 30000 in company A under Scheme II, whi

M: +1.00/-0.00

Directions for the next five questions: Study the following table carefully to answer the questions. Rate of interest (pcpa) offered by five companies on deposits under different schemes

Mr. Lal invested Rs. 30000 in company A under Scheme II, which offers simple interest and Rs. 48000 in Company D under Scheme II, which offers compound interest. What will be the total amount of interest earned by Mr Lal in two years?

[IBPS Clerk 2016 Pattern Based]

A Rs. 14728.80

B Rs. 17428.50

C Rs. 14827.70

D Rs. 16728.20

E None of these