Question

Sanjay invested Rs. ‘x’ at the rate of 14% simple interest for 2 years, while Manish invested 50% of x at 12% compound interest per annum for 2 years. If the total interest earned is Rs. 512, then what is the value of ‘x’?

A 1250
B 1050
C 1262
D 1335
E None of these
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