Question
A certain sum of money is divided into two parts.
- I One part is invested at 20% p.a. compound interest (compounded annually) and the remaining part is invested at 10% p.a. simple interest. I
- I The total interest from both investments together is Rs 27,600 at the end of 2 years, and Rs 44,120 at the end of 3 years (from the beginning). What was the total amount invested?
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