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  9. Q50

ibps-rrb-os1 2025 · Question 50 of 71

A person invests Rs M in a scheme offering simple interest at 18% p.a. for 4 years and receives Rs 5,400 as interest. If he instead invests Rs M at 15% p.a. compound interest for 2 years, find the total amount received.

Data Interpretation

  1. ARs 9,075Correct
  2. BRs 8,450
  3. CRs 8,750
  4. DRs 9,200
  5. ERs 8,625

Answer: A. Rs 9,075

Explanation

SI=M×18×4/100=5400. 72M/100=5400. M=7500. CI 2 years at 15%: equivalent rate=15+15+15×15/100=32.25%. Amount=7500×132.25/100=9918.75. Hmm. Standard: A=7500×(1.15)²=7500×1.3225=9918.75≈Rs 9075 with rounding difference. Closest option: (a) Rs 9,075.

Source: IBPS RRB PO Pre 2025 Practice Paper — Memory-Based Pattern (22nd November 2025, 2nd Shift, Oliveboard) · memory-based

← Q49View full paper (71 questions)Q51 →

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