1. Ram invested P in scheme A and 2P in scheme B, for two years each. Scheme A offers simple interest p.a. Scheme B offers compound interest (compounded annually) at the rate of 10% p.a. Respective ratio between the interest earned from scheme A and that earned from scheme B was 8 : 21. Quantity : I. Rate of interest offered by scheme A. II. Rate of interest offered by scheme C (simple interest p.a.), when 1,600/- is invested for 3 years earns an interest of 384/-.






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