A man invested an equal amount of money in two different schemes, X and Y, both for 8 years. Scheme X offers simple interest at a rate of R % R% R % p...
Question
A man invested an equal amount of money in two different schemes, X and Y, both for 8 years. Scheme X offers simple interest at a rate of per annum, while scheme Y offers simple interest at a rate of per annum. The interest earned from scheme Y exceeds that from scheme X by Rs. 1152. What is the amount (in Rs.) invested by the man?