A man invested a total of Rs. 47,000. He invested part of this amount at simple interest at 12% per annum for 2 years, and the remaining amount at com...
Question
A man invested a total of Rs. 47,000. He invested part of this amount at simple interest at 12% per annum for 2 years, and the remaining amount at compound interest at 15% per annum for 2 years. If the compound interest earned is Rs. 532.5 more than the simple interest, what is the amount invested at compound interest?