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Data Ram lends equal sum of money at the...

Data Ram lends equal sum of money at the same rate of interest to, A and B. The money lends to A becomes twice of the original amount .in just four years at simple interest. While Data Ram lends to B for the first two years at compound interest and for the rest two years at simple interest. If the difference between the amount of A and B after 4 years is ₹ 2750. What is the amount of money that Data Ram lends to each one?

A

Rs. 40000

B

Rs. 6000

C

Rs. 8000

D

Rs. 80000

Text Solution

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The correct Answer is:
C
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