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| 1. |
A person invests Rs. x under simple interest in bank1 for 4 years at the rate of 10% per annum. He invests Rs. x + 500 under simple interest in bank2 for 5 years at the rate of 7.5% per annum. If the simple interest received from the bank1 is Rs. 75 less than that of the bank2, what is the sum of the simple interest received from both the banks together? |
| A. | Rs. 4500 |
| B. | Rs. 4250 |
| C. | Rs. 3675 |
| D. | Rs. 3775 |
| E. | None of these |
| Answer» D. Rs. 3775 | |