Question

A person deposits Rs. ‘x’ in savings scheme A and Rs. ‘x/2’ in scheme
B. The interest rates are 7% p.a. and 6% p.a. respectively. If after 3 years the total simple interest is Rs. 693, determine the value of ‘x’.

A Rs.2310
B Rs.2900
C Rs.2800
D Rs.2500
E None of these
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)