Question
Arjun invested a certain amount of money, splitting it into two equal parts. He placed one part in a simple interest scheme at an annual rate of 18% for 5 years and the other part at the same rate for 24 months. The difference in the interest earned from these two investments is Rs. 324. Determine the amount invested in each part.
So, required amount = Rs. 600 More Simple and compound interest Questions
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