πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      Raj invested equal amounts in two schemes x and y at

      compound interest. In scheme x, the rate of interest was 8% per annum and in scheme y the rate of interest was 10%. The compound interest on the amount invested in scheme X in 2 years was Rs.1050. How much interest will be received in scheme y after 2 years. If the rate of interest is compounded annually in both the schemes.
      A 1372 Rs Correct Answer Incorrect Answer
      B 1392 Rs Correct Answer Incorrect Answer
      C 1272 Rs Correct Answer Incorrect Answer
      D 1325 Rs Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Practice Next
      ask-question