IBPS RRB PO Mains 29 Sep 2024 Paper

A principal amount is invested at 12% per annum simple interest for a period of 4 years, 11 months, and 28 days in a scheme. The total amount received from this scheme is then invested for 2 years and 2 days in another scheme at 20% per annum compound interest. The compound interest earned from the second scheme is Rs. 1056.4. Find the approximate amount initially invested in the first scheme?