Q: X invested ₹m for simple interest at 10% rate of interest per annum for 4 years, and Y invested ₹2,000 more than X for compound interest at 20% rate of interest per annum for 2 years. The ratio of the interest obtained by X and Y is 10 : 33, respectively. Find the investment of X.
A.
`4,000
B.
`2,000
C.
`1000
D.
`3,000
Correct Answer:
Option C -
Explanations:
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