A certain sum is invested at simple interest at 18% p.a. for two years instead of investing at 12% p.a. for the same time period. Therefore the interest received is more by Rs. 240. Find the sum? Options
A) 7000	B) 7029	C) 2778	D) 2800	E) 2000

Rationale: "let the sum be rs . x . ( x * 18 * 2 ) / 100 - ( x * 12 * 2 ) / 100 = 240 = > 36 x / 100 - 24 x / 100 = 240 = > 12 x / 100 = 240 = > x = 2000 . answer : e"
Answer: E