Mathematics · Interest
Amit invested equal sums of money at simple interest and at compound interest, compounded annually. The time period of investment for both sums was 2 years, and the rate of interest was 6% per annum for both. At the end of two years, he found a difference of ₹54 between the interests received under compound interest and simple interest. What was the sum (in ₹) invested in each scheme?
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15,000
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