Divyam has Rs. 40000. He invests a part of this amount in scheme A, which offers 30% per annum simple interest, and the remaining amount in scheme B, ...
Question
Divyam has Rs. 40000. He invests a part of this amount in scheme A, which offers 30% per annum simple interest, and the remaining amount in scheme B, which offers 20% compound interest compounded annually. After 3 years, the interest earned from scheme A exceeds the interest earned from scheme B by Rs. 9952. What is the amount invested in scheme B?