A sum becomes Rs. 3000 at the rate of 12% per annum (simple interest) – McqOptions

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1.	A sum becomes Rs. 3000 at the rate of 12% per annum (simple interest). The same sum becomes Rs. 3300 at the rate of 15% per annum (simple interest) in the same duration. Find the sum and the duration.
A.	Rs. 2000 and 20 years
B.	Rs. 1900 and 8.25 years
C.	Rs. 1500 and 7 years
D.	Rs. 1800 and 5.5 years
Answer» E.

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