Reet invested an amount of Rs A for 2 years at 12% compound interest a – McqOptions

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1.	Reet invested an amount of Rs A for 2 years at 12% compound interest and received some amount of interest. Sonali invested Rs (A + 1500) for 3 years at 8% simple interest and received same amount of interest as Reet received. Find the amount that is invested by Reet.
A.	Rs 20000
B.	Rs 25000
C.	Rs 30000
D.	Rs 27500
E.	Rs 22500
Answer» C. Rs 30000

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