Question

A person invested Rs. x at 20% CI p.a. in scheme A for 2 years. The interest received was reinvested in B for 2 years at 15% SI p.a. The amount received from scheme B was 1430. Find
x.

A Rs.2100
B Rs.3000
C Rs.2500
D Rs.2800
E Rs.1500
Practice Next

More Simple and compound interest Questions

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)