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POLISETTI UDAYALAKSHMI

· started a discussion

· 1 Months ago

doubt (Question:673543.0)

how many years not mentioned

Question:

Rahul and Saurabh have equal amount. They invested their sum of money in two different banks. Rate of interest is 20% per annum. In first bank, Rahul got yearly compounded interest and in other bank Saurabh got half yearly compounded interest. If Saurabh got Rs 4820 more interest than Rahul then how much amount was invested by Rahul ?

Options:
A)

Rs.400000

B)

Rs.100000

C)

Rs.200000

D)

Rs.300000

E) None of these
Solution:

Ans: (c)

Let amount of Rahul is P.

Interest of Rahul

  

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