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SBI Junior Associate 2021 · Question 48 of 232

Difference of the interest received when a sum is invested at 15% p.a. at SI for two years and the interest received when that sum is invested at 20% p.a. for one year compounded half yearly is Rs 432, find the sum?

interest

  1. A(A) Rs. 5400
  2. B(B) Rs. 5000
  3. C(C) Rs. 4500
  4. D(D) Rs. 4000
  5. E(E) Rs. 4800Correct

Answer: E. (E) Rs. 4800

Official answer key verified. Detailed explanation coming soon.

Source: SBI Clerk Pre Memory Based Paper 10 Jul 2021 - Questions (bankersadda/Adda247) · memory-based

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