Question

A man invests 'x'% of his monthly salary of Rs. 48,000 at an interest rate of 12.5% simple interest. After 4 years, the interest earned amounts to Rs. 10,800. Determine the value of 'x'.

A 40%
B 35%
C 45%
D 50%
E None of these
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)