Question
Quantity I: Aditya invests Rs. Y at 15% simple interest for 4 years, and Varun invests the same amount at 25% simple interest for 5 years. If the difference between the interest earned by Varun and Aditya is Rs. 1300, what is the value of Y? Quantity II: The difference between the compound interest and simple interest for 2 years at 15% per annum is Rs. 45. What is the sum?
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