Pritam deposited Rs. ‘x’ in bank A at 30% compound interest and Rs. ‘x + 600’ in bank B at 36% simple interest for 3 years. If interest earned by him from bank A was Rs. 1107 more than interest earned by him from bank B, then find the value of ‘x’.

Pritam deposited Rs. ‘x’ in bank A at 30% compound interest and Rs

1.	Pritam deposited Rs. ‘x’ in bank A at 30% compound interest and Rs. ‘x + 600’ in bank B at 36% simple interest for 3 years. If interest earned by him from bank A was Rs. 1107 more than interest earned by him from bank B, then find the value of ‘x’.
A.	16000
B.	12000
C.	15000
D.	20000
E.	18000
Answer» D. 20000

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Pritam deposited Rs. ‘x’ in bank A at 30% compound interest and Rs. ‘x + 600’ in bank B at 36% simple interest for 3 years. If interest earned by him from bank A was Rs. 1107 more than interest earned by him from bank B, then find the value of ‘x’.

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