Multiple Choice Questions on Mrinal invested Rs x 500 in two different schemes A and B partially Find the amount invested in sche........... for IBPS RRB - Officers Exam Preparation

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Multiple Choice Questions

Mrinal invested Rs x 500 in two different schemes A and B partially Find the amount invested in sche...........

Quantitative Aptitude(IBPS RRB PO) Data Sufficiency
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    Mrinal invested Rs.(x+500) in two different schemes A and B partially. Find the amount invested in scheme A.

    Statement I: The amount invested in scheme A and B is 5:4 resp. and the rate of simple interest offered by scheme A and B is 8% and 10% per annum resp.

    Statement II: After two years, Mrinal received equal amount as interest from both the schemes.

    Only Statement I
    Incorrect Answer
    Either I or II
    Incorrect Answer
    Both are necessary
    Incorrect Answer
    Both are not sufficient
    Correct Answer

    Only Statement II

    Incorrect Answer
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    Explanation:

    Combining these two Statement I and II, we get
    (5/9)*(x+500)*8% * 2 = (4/9)*(x+500)*10% * 2
    => 80% = 80%
    Both are not sufficient to answer.

    Hence, option 4 is the correct answer.

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