Mathematics · Interest
A person invests ₹(Q + 500) each in Scheme C (at 20% p.a. compound interest) and Scheme D (at 10% p.a. compound interest). If the difference between the compound interest earned from Scheme C and Scheme D after 3 years is ₹397, find the value of Q.
- 1600
- 2540
- 3500✓
- 4900
Correct answer
500
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