Question

Rs. 5,200 is split into two parts. One part is invested at a simple interest rate of 12% per annum, while the other part is invested at a compound interest rate of 20% per annum, compounded annually. After 3 years, the total interest earned from both investments is Rs. 2,976. What is the amount that was invested at compound interest?

A Rs. 2,500
B Rs. 2,000
C Rs. 3,500
D Rs. 3,000
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