The S.I. on a certain sum of money for 5 years at 6% per annum is half the C.I. on Rs. 3000 for 2 years at 15% per annum. The sum placed on S.I. is?  Choose the correct option: A) 1525.2 B) 1256.3 C) 1612.5 D) 1548.5 E) 1254.5
C.I. = [3000 * (1 + 15/100)2 - 3000]
= (3000 * 23/20 * 23/20 - 3000) = Rs. 967.5.
Sum = (483.75 * 100)/(5 * 6)
= Rs.1612.5
Answer:1612.5
<result>C</result>
The S.I. on a certain sum of money for 5 years at 6% per annum is half the C.I. on Rs. 3000 for 2 years at 15% per annum. The sum placed on S.I. is?