Raghu invested a certain sum in scheme x for 4 years. scheme x offers simple interest at 12% p.a. for the first two years and compound interest (compounded annually) at 20% p.a. for the next two years. the total interest earned by him after 4 years is rs. 11016. what was the sum invested by raghu in scheme x?
Answers
Answered by
0
The amount invested in scheme x is Rs. 6169
Similar questions