Question

'R' took a loan of Rs. 40,000 from a bank with a compound interest rate of 15% per annum and then invested the same amount at a simple interest rate of 25% per annum for an equal period. Determine the profit made by 'R' after 3 years.

A Rs.9,165
B Rs.9,000
C Rs.8,165
D Rs.5,165
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)