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Simple interest on a certain sum of money “P” for 4 years at 5% per annum is 50% of the compound interest earned on Rs. 3,000 for 2 years at 10% per annum. The sum “P” placed on simple interest is:

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Simple interest on a certain sum of money “P” for 4 years at 5<span class='charoverride3' xml:lang='he-IL'>% per annum is 50<span class='charoverride3' xml:lang='he-IL'>% of the compound interest earned on Rs. 3,000 for 2 years at 10<span class='charoverride3' xml:lang='he-IL'>% per annum. The sum “P” placed on simple interest is:






 
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