The S.I. on a certain sum of money for 6 years at 16% per annum is half the C.I. on Rs. 8000 for 2 years at 20% per annum. The sum placed on S.I. is?
Choose the correct choice from the following choices.
A) 3000.33
B) 2802.33
C) 1833.33
D) 2990.33
E) 2982.33

Rationale: c . i . = [ 8000 * ( 1 + 20 / 100 ) 2 - 8000 ] = ( 8000 * 6 / 5 * 6 / 5 - 8000 ) = rs . 3520 . sum = ( 3520 * 100 ) / ( 6 * 16 ) = rs . 1833.33 answer : c
Answer: C