Question

A man invests ₹50,000 in two schemes A and B for 1 year. Scheme A offers 12% simple interest and Scheme B offers 10% compound interest, compounded annually. If the total interest earned from both schemes is ₹5,800, how much did he invest in scheme A?

A ₹20,000
B ₹25,000
C ₹30,000
D ₹40,000
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