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Deepak invested some amount on SI out of...

Deepak invested some amount on SI out of Rs.47000 and rest amount on C.I. for two years. If S.I. is offering 12% p.a, and C. I. is offering 15%-p.a. compounding annually and C.I. is Rs.532.5 more than S.I., then find amount invested by Deepak on C.I?

A

A)Rs:23000

B

B)Rs.22000

C

C)Rs.21000

D

D)Rs.25000

Text Solution

Verified by Experts

The correct Answer is:
C
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