A merchant had Rs. 10000 to invest. He invested part of the amount in Bank A at 10% simple interest. He invested the remaining amount in Bank B at 10% compound interest. After three years, the amount in Bank B was 50% more than the amount in bank A. How much amount did he invest in Bank A?
1
Rs. 4278.82
2
Rs. 5943.31
3
Rs. 5721.18
4
Rs. 4056.69
5
None of these