Question
P deposits ₹(A - 10,000) in a bank at an interest rate of 10% per annum, compounded half-yearly, for 1 year. Meanwhile, Q invests ₹(A + 15,000) in the same bank at an interest rate of 12% per annum, compounded annually, for 2 years. If the total interest earned by both P and Q together amounts to ₹9,929, find the value of
P deposits ₹(A - 10,000) in a bank at an interest rate of 10% per annum, compounded half-yearly, for 1 year. Meanwhile, Q invests ₹(A + 15,000) in the same bank at an interest rate of 12% per annum, compounded annually, for 2 years. If the total interest earned by both P and Q together amounts to ₹9,929, find the value of
A.
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