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Rahul Kumar Gupta

· started a discussion

· 1 Months ago

60000? (Question: 14231.2 )

how to get 60k invested by C in Scheme X?

Question:
DIRECTIONS : Three persons, A, B and C, deposited their annual savings in two different banks X and Y. The amount deposited by A in Bank X is double the amount deposited by him in Bank Y. The amount deposited by B in Bank X is half the amount he deposited in Bank Y. The amount deposited by C in Bank Y is the same as the amount deposited by A in Bank X. Total amount deposited by the three persons is 2.35 lac and the ratio of amount deposited by A, B and C is 12 : 15 : 20. Bank X gives simple interest at the rate of 15% pa and Bank Y gives compound interest at the rate of 10% pa. Answer the following questions based on the information.
The interest received by C from Bank X in one year is what percentage of the interest received by B from Bank X in two years?
Options:
A) 80% 
B) 100% 
C) 120%
D) 150% 
E) 180%
Solution:
IB =


Reqd % =


Rahul Kumar Gupta

· commented

· 1 Months ago

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