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A sum of ₹30,000 is invested in each of two different schemes for 2 years. The first scheme offers compound interest at 8% per annum, compounded annually, while the second scheme offers compound interest at 6% per annum, compounded annually. Find the difference between the compound interest earned from the two schemes.
₹1087
₹1344
₹1210
₹1284
₹1284
Practice and solve "A sum of ₹30,000 is invested in each of two different schemes for 2 years. The first scheme offers c..." for Mathematics - Previous Year Paper 2026. The correct answer is Option D: ₹1284. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "A sum of ₹30,000 is invested in each of two different schemes for 2 years. The first scheme offers c..." for Mathematics - Previous Year Paper 2026. The correct answer is Option D: ₹1284. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.