SBI PO 2022 · Question 43 of 100

Rs. 16500 is split into two fixed deposits for 2 years at 10% and 12% Simple Interest. If the total interest received from the deposits is Rs. 3620, how much was invested in the 12% scheme?

Simple Interest

Answer: D. d. Rs. 8000

Let x at 10%, (16500-x) at 12%: (x x 10 x 2)/100 + ((16500-x) x 12 x 2)/100 = 3620 -> x = 8500; amount at 12% = 16500 - 8500 = Rs. 8000.

Source: SBI PO Prelims Memory Based Paper (Held on: 17th Dec 2022 Shift 1) · memory-based

Practice the full SBI PO 2022 paper

Timed test with all 100 questions, just like the real exam.

SBI PO 2022 · Question 43 of 100

Simple Interest

Let x at 10%, (16500-x) at 12%: (x x 10 x 2)/100 + ((16500-x) x 12 x 2)/100 = 3620 -> x = 8500; amount at 12% = 16500 - 8500 = Rs. 8000.

Source: SBI PO Prelims Memory Based Paper (Held on: 17th Dec 2022 Shift 1) · memory-based

Practice the full SBI PO 2022 paper

Timed test with all 100 questions, just like the real exam.