Multiple Choice Questions on A sum of Rs 22000 is equally divided and invested at two different rates of interest The difference ........... for CDS Exam Preparation

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Multiple Choice Questions

A sum of Rs 22000 is equally divided and invested at two different rates of interest The difference ...........

Quantitative Aptitude (CDS) Simple Interest
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    A sum of Rs. 22000 is equally divided and invested at two different rates of interest. The difference between the interests got after 3 years is Rs. 600. What is the difference between the rates of interest

     

     0.8%
     

    Incorrect Answer

     0.9%
      

    Correct Answer

    1%
      

    Incorrect Answer

    1.5%

    Incorrect Answer
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    Explanation:

    Let the 2 different rates be x and y respectively.

        Difference between the interests is Rs 300

     =(11000 × ?? × 6)/100 − (11000 × ?? × 6)/100= 600

     = 66000x - 66000y = 600x100

     = 66000  (x-y)= 60000

        x-y=0.9%

    By: bhavesh kumar singh
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