Simple interest on a certain sum of money for 3 years at 16% per annum is half the compound interest on Rs. 12000 for 2 years at 10% per annum.
The sum placed on simple interest is
Simple interest on a certain sum of money for 3 years at 16% per annum is half the compound interest on Rs. 12000 for 2 years at 10% per annum.
The sum placed on simple interest is 1). Rs 5250 2). Rs 1325 3). Rs 2100 4). Rs 2625