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  9. Q51

ibps-rrb-oa 2022 · Question 51 of 181

A man invested Rs.1460 in each scheme A and B. If scheme A offers simple interest at 10% p.a. for five years and scheme B offers simple interest at 10% p.a. for eight years, then find difference between interest (in Rs.) received from both schemes?

Simple interest

  1. Aa) 438Correct
  2. Bb) 428
  3. Cc) 408
  4. Dd) 448
  5. Ee) 418

Answer: A. a) 438

Explanation

Required difference = − = 1168 – 730 = Rs.438 100

Source: IBPS RRB Clerk Prelims 2022 Memory Based Paper (Adda247) · memory-based

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