Raman invested P for 2 years in scheme A which offered 20% p.a. compou – McqOptions

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1.	Raman invested P for 2 years in scheme A which offered 20% p.a. compound interest (compounded annually). He lent the interest earned from scheme A to Shubh, at the rate of 7.5% p.a. simple interest. If at the end of 2 years, Shubh gave Rs.3,036/- to Raman and thereby repaid the whole amount (actual loan + interest), what is the value of P
A.	Rs. 6,000/-
B.	Rs. 5,800/-
C.	Rs. 6,800/-
D.	Rs. 5,400/-
E.	Rs. 6,400/-
Answer» B. Rs. 5,800/-

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