Mathematics · Interest
Gaurav invested Rs. 'x' in a scheme offering 10% compound interest annually for three years. Prem invested Rs. 18,000 in a scheme offering 15% simple interest for four years. Find the interest earned by Gaurav if the interest earned by Prem is Rs. '2x - 1,200'.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 1,986✓
- 2Rs. 1,560
- 3Rs. 1,779
- 4Rs. 1,215
Correct answer
Rs. 1,986
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