New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    The difference between the interest received on a

    certain sum at the rate of 35% p.a. and 30% p.a. respectively at simple interest for two years is Rs. 700. Find the sum.
    A Rs.5000 Correct Answer Incorrect Answer
    B Rs.6500 Correct Answer Incorrect Answer
    C Rs.7000 Correct Answer Incorrect Answer
    D Rs.6000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ Let the sum be Rs. 'x' According to the question,

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