Shyama invested Rs. P for 2 years in scheme A which offered 11% p.a. simple interest. She also invested Rs. 600 + P in scheme B which offered 20% compound interest (compounded annually), for 2 years. If the amount received from scheme A was less than that received from scheme B, by Rs. 1216, what is the value of P?

• A. Rs. 1,500
• B. Rs. 1,400
• C. Rs. 2,000
• D. Rs. 1,600