Praveen lends X amount at 5% per annum for 2 years. After 2 years he takes all amount and invests a scheme which offers him a rate 20% calculated half-yearly for two years. If he gets 33000 as interest from scheme then what is the value of X?
1
18500
2
17500
3
37500
4
More than one of the above
5
None of the above