Divesh invested Rs. ‘x’ in a scheme that provides simple interest at a rate of 12% per annum for a period of three years. Meanwhile, Ronit invested Rs. ‘x + 3000’ in a scheme that offers compound interest at a rate of 10% per annum for three years. The interest earned by Ronit exceeds the interest earned by Divesh by Rs. 761. Determine the value of ‘x’.