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Posted By: nemo       Member Level: Diamond       Posted Date: 23 Jun 2007       Category: Aptitude Test

Mr. Dua invested money in two schemes A and B offering compound interest @ 8 p.c.p.a. and 9 p.c.p.a. respectively. If the total amount of interest accrued through two schemes together in two years was Rs. 4818.30 and the total amount invested was Rs. 27,0



Select Answer:

Rs. 12,000
Rs. 13,500
Rs. 15,000
Cannot be determined
None of these



      
Your Test Score: 0 / 0



Next Question: What annual payment will discharge a debt of Rs. 1025 due in 2 years at the rate of 5% compound interest?
Previous Question: A man borrows Rs. 2550 to be paid back with compound interest at the rate of 4% per annum by the end of 2 years in two equal yearly instalments. How much will each instalment be?
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