SBI Junior Associate 2023 · Question 23 of 188

Mohan invested Rs.(x+1200) in simple interest at the rate of R% per annum for 6 years and the total amount received by Mohan is Rs.(3x+80). If he invested Rs.x for 6 years at the rate of 20% and obtained an interest of Rs.(x+400), then find the value of R.

interest

Answer: C. C. 15

x x 20 x 6/100 = x + 400; x = 2000. (2000+1200) x R x 6/100 = (3 x 2000 + 80) - 3200; R = 15.

Source: SBI Clerk Mains Memory Based Paper 2023 - Quant (Guidely, via bhagyaachievers.com) · memory-based

Practice the full SBI Junior Associate 2023 paper

Timed test with all 188 questions, just like the real exam.

SBI Junior Associate 2023 · Question 23 of 188

interest

x x 20 x 6/100 = x + 400; x = 2000. (2000+1200) x R x 6/100 = (3 x 2000 + 80) - 3200; R = 15.

Source: SBI Clerk Mains Memory Based Paper 2023 - Quant (Guidely, via bhagyaachievers.com) · memory-based

Practice the full SBI Junior Associate 2023 paper

Timed test with all 188 questions, just like the real exam.