question_answer

A person invested equal amounts in two schems A and B at the same rate of interest. Scheme A offers S.I. while scheme B offers compound interest. After two years he got Rs. 1920 from scheme A on interest and Rs. 2112 from scheme B. If the rate of interest is increased by 4%. What will bethe total interest after two years from both schemes?

A) Rs. 4884.48

B) Rs. 4888.48

C) Rs. 4884.84

D) Rs. 4384.48    

E) None of these