Ravi invested Rs.P in a scheme A offering simple interest at

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IBPS PO 22-Oct-2016 With Answers
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59

M: +1.00/-0.25

Ravi invested Rs.P in a scheme A offering simple interest at 10% p.a. for two years. He invested the whole amount he received from scheme A, in another scheme (B) offering simple interest at 12% p.a. for five years. If the difference between the interests earned from schemes A and B was Rs. 13,00/, what is the value of P ?

[IBPS PO 22-Oct-2016 With Answers]

A 2500

B 2000,

C 3000,

D 3500,

E 4000