Question

The difference between the interests received when Rs. x is invested in scheme ‘A’ at simple interest for 3 years and at compound interest, compounded annually for 3 years in scheme ‘B’ is Rs. 2560. The rate of interest p.a. for both the schemes is 20%. Find the value of ‘x’.

A 20000
B 15000
C 25000
D 16000
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