‘A’ invests Rs. 2500 in scheme X at 7% rate of simple interest for 4 years and ‘x’ in scheme ‘Y’ at 4% rate of compound interest for 2 years. If interest received from both the schemes together is Rs. 985.6, then find the amount invested by A in scheme Y?

1
Rs. 2400
2
Rs. 3000
3
Rs. 3500
4
Rs. 3800

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