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Quantitative Aptitude

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Simple Interest & Compound Interest

Question
18 out of 30
 

Aditya invested certain amount in two different schemes A and B. scheme A offer S.I. @ 12 p.c.p.a. and scheme B offer C.I. @ 10 p.c.p.a. interest accured on the amount invested in scheme A in 2 years was Rs. 3600 and the total amount invested was Rs. 35000 what was the interest accured on the amount invested in scheme B.



A 4500
B 4200
C 4000
D cannot be determine
E None of these

Ans. B Let money in first installment = x and in second installment is (35000-x)

X=

Scheme B = 20000

From 10% rate

CI =

Simple Interest & Compound Interest Flashcard List

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