Ravi has Rs 17620 on him and he decide to divide that money into two parts, of which the first part of money he gave to someone at a rate of 5% per annum compound interest and the second part of money he gave at a rate of 5% per annum simple interest. After two years, both the amount becomes equal, then how much money is given on the compound interest?
1
Rs 8,800
2
Rs 8,900
3
Rs 9,000
4
Rs 10,000