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Vijay Sharma

· started a discussion

· 1 Months ago

please paramount please

Question:

The ratio of sum invested for 2 years by Sandeep at 10% p.a. compounded annually and by Gagandeep at 8% simple interest is 1 : 2. Difference between the interests is Rs.990. How much was invested by Sandeep?

Options:
A)

Rs.9000

B)

Rs.12000

C)

Rs.11000

D)

Rs.10000

Solution:

Ans: (a)

  

Basant Kumar

· commented

· 1 Months ago

good bro

MAHAVEER PRASAD

· commented

· 1 Months ago

CI = 21% X1 = 21 & SI = 16 X2 = 32
Difference of int = 32-21 = 11%
given 11% = 990
then 100% is = 9000

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