Manav invested Rs. X X X in scheme A which offers simple interest at 25% per annum. After 2 years, he withdraws the entire amount and invests 80% of i...
Question
Manav invested Rs. in scheme A which offers simple interest at 25% per annum. After 2 years, he withdraws the entire amount and invests 80% of it in scheme B, which offers compound interest at 20% per annum for the next 2 years. If the difference between the interest earned from both schemes is Rs. 700, find the value of .