Sun	Mon	Tue	Wed	Thu	Fri	Sat
23	24	25	26	27	28	1
2	3	4	5	6	7	8
9	10	11	12	13	14	15
16	17	18	19	20	21	22
23	24	25	26	27	28	29
30	31	1	2	3	4	5

Back to Main Page

Multiple Choice Questions

Ram invested Rs P in scheme A and Rs 2P in scheme B for two years each Scheme A offers simple intere...........

Quantitative Aptitude (RBI Grade B) Simple Interest

Directions: In the given questions, read the statement and compare the two given quantities on its basis

Ram invested Rs. P in scheme A and Rs. 2P in scheme B, for two years each. Scheme A offers simple interest p.a. Scheme B offers compound interest (compounded annually) at the rate of 10% p.a. The ratio between the interest earned from scheme A and that earned from scheme B was 8 : 21.

I. Rate of interest offered by scheme A.

II. Rate of interest offered by scheme C (simple interest p.a.), when Rs. 1,600 is invested for 3 years earns an interest of Rs.384.

This questions was previously asked in

RBI Grade B 2016

View All RBIB Previous Year Papers

Quantity I ≥ Quantity II

Quantity I > Quantity II

Quantity I < Quantity II

Quantity I = Quantity II

Quantity ≤ Quantity II

छोटे Courses बड़े Results

Master Simple Interest