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  9. Q99

RBI Grade B Officer (General / DEPR / DSIM) 2024 · Question 99 of 260

The ratio of amount invested by Rakesh in first and second half of a year in a SIP is x: y respectively, while the ratio of amount invested by Payal in first and second half of a year in a SIP is y: x respectively. The average amount invested by Rakesh in the second half and Payal in the first half is Rs 9100. The total amount invested by Rakesh for the whole year is 60% more than that of the total amount invested by Payal for the whole year. If the total amount invested by Payal in second half of the year is Rs. 1000 less than that of in first half, then which of the following statement/s is or are false for total amount invested by Rakesh for the whole year in the SIP. I. The difference between the total amount invested by Rakesh and Payal for the whole year is multiple of 13. II. Invested amount is more than 65% of the total amount invested by both for the whole year in the SIP. III. If Payal invested Rs 4000 more in each half of the year in SIP, then she will invest more amount than Rakesh in the whole year

Averages

  1. AA. Only III
  2. BB. Only I
  3. CC. None of these
  4. DD. Both II and III
  5. EE. Only IICorrect

Answer: E. E. Only II

Official answer key verified. Detailed explanation coming soon.

Source: RBI Grade B Phase 1 recollected questions with answer key, 2021-2025 (EduTap compilation) · memory-based

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