1.

Two friends, Prakash and Prabhash invested some money in two different schemes in a bank. The rate of interest received by Prakash is 25% per annum simple interest and the rate of interest received by Prabhash is 20% per annum simple interest. At the end of two years, the amount received by Prakash is 150% of the amount received by Prabhash. If the sum of the total investments by Prakash and Prabhash is Rs. 84000.[S.1 Q.3] While referring to the respective principal amounts,calculated previously,for Prakash and Prabhash, suppose, Prakash and Prabhash interchange the schemes i.e. Prakash invests in the scheme of 20% per annum simple interest and Prabhash invests in the scheme of 25% per annum simple interest then at the end of two years, the amount received by Prabhash would be approximately how much percentage of the amount received by Prakash?

A. 75.24%
B. 102.21%
C. 104.28%
D. 76.53%
E. 106.87%
Answer» E. 106.87%


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