Multiple Choice Questions on A invested an amount of x rupees in a bank for 2 years which gave 5 interest in year 1 and 6 interes........... for SSC CGL Exam Preparation

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Multiple Choice Questions

A invested an amount of x rupees in a bank for 2 years which gave 5 interest in year 1 and 6 interes...........

Quantitative Aptitude (CGL) Compound Interest
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    A invested an amount of x rupees in a bank for 2 years which gave 5% interest in year 1 and 6% interest in year 2. The amount received after 2 years is Rs 24,486. What is the value of x?

    23000

    Incorrect Answer

    22500

    Incorrect Answer

    22000

    Correct Answer

    21500

    Incorrect Answer
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    Explanation:

    105x/100 + 106x/100=24486
    x=2448600/111=22000 

    By: MIRZA SADDAM HUSSAIN
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