IBPS PO 2024 · Question 93 of 260

Ques. 88. A sum of Rs 85,000 is divided into two parts. The first part is invested at compound interest of 10% per annum for 2 years, and the second part is invested at simple interest of 10% per annum for 3 years. If the interest earned from both parts is equal, find the amount invested in the first part.

Compound and simple interest

1. ARs 35,000
2. BRs 42,500
3. CRs 45,000
4. DRs 50,000Correct
5. ERs 55,000