Question
Diksha invested Rs. x in a scheme that offers compound interest at a rate of 31.25% per annum, compounded annually. The difference between the amount she receives after 3 years and 2 years is Rs. 22,050. Determine the initial investment value,
Diksha invested Rs. x in a scheme that offers compound interest at a rate of 31.25% per annum, compounded annually. The difference between the amount she receives after 3 years and 2 years is Rs. 22,050. Determine the initial investment value,
x.
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