Question

The ratio of the sums invested by ‘P’ and ‘Q’ in SIP ‘A’ and ‘B’ is 9:6, respectively. If ‘P’ invested Rs. 5400 more than ‘Q’, then find the amount received by ‘Q’ after two years if he had invested his sum at 30% p.a. compound interest, compounded annually.

A Rs.18252
B Rs.12464
C Rs.16464
D Rs.13464
E None of these
Practice Next

More Simple and compound interest Questions

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)