Question

Raju invests a certain amount at an annual simple interest rate of 6% for 2 years. The total amount he receives after this period is then reinvested at an annual simple interest rate of 10% for the next 3 years. Determine the ratio of the initial investment to the final amount obtained at the end of the entire period.

A 5:14
B 4:15
C 2:15
D 3:7
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)