Ravi invested Rs 18000 in scheme ‘A’ which offers 15% p.a. at simple interest and Rs 15000 in scheme ‘B’ which offers 18% p.a at compound interest. Find the difference between the interest earn rom these two schemes after two years?
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Q:
Ravi invested Rs 18000 in scheme ‘A’ which offers 15% p.a. at simple interest and Rs 15000 in scheme ‘B’ which offers 18% p.a at compound interest. Find the difference between the interest earn rom these two schemes after two years?
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