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  9. Q57

ibps-rrb-os1 2015 · Question 57 of 194

Company D offers compound interest under Scheme II and simple interest under Scheme IV . Abhijit invested ` 25,000 with this company under Scheme IV and after one year switched over to Scheme II along with the interest for one more year. What is the total amount he will get at the end of two years?

  1. A` 28,939.25
  2. B` 29,838.75Correct
  3. C` 31,748.25
  4. D` 31,738.75
  5. ENone of these

Answer: B. ` 29,838.75

Official answer key verified. Detailed explanation coming soon.

Source: IBPS RRB Scale I Officer PO Exam 2015 Solved Paper (educationobserver.com) · memory-based

← Q56View full paper (194 questions)Q58 →

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