Question
A person invested Rs. 50,000 in scheme A that offers simple interest at 25% p.a. Four years later, they withdrew Rs. x from scheme A and placed it in scheme B that offers compound interest of 50% p.a., compounded annually. If three years after moving the money to scheme B, the amount from scheme B exceeded the amount from scheme A by Rs. 30,000, find
A person invested Rs. 50,000 in scheme A that offers simple interest at 25% p.a. Four years later, they withdrew Rs. x from scheme A and placed it in scheme B that offers compound interest of 50% p.a., compounded annually. If three years after moving the money to scheme B, the amount from scheme B exceeded the amount from scheme A by Rs. 30,000, find
x.
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