Question

Mr. Ajay invested in two schemes A and B contributing compound interest @ 5% pa and 7% pa respectively. If the entire amount of interest in two years was ₹3499 and the entire amount Funded was ₹ 30000, then what was the amount Funded in scheme A?

A Rs 20,000
B Rs 15,000
C Rs 25,000
D Rs 16,000
E none of these
Practice Next

Relevant for Exams:

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)