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IBPS PO Prelims 2016 Solved Paper
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© examsnet.com
Question : 1
Total: 100
Vikram invests some money in three different schemes for 4 years, 8 years and 12 years at 10%, 15% and 20% Simple Interest respectively. At the completion of each scheme, he gets the same interest. The ratio of his investments is
6 : 2 : 1
5 : 2 : 1
5 : 2 : 3
5 : 2 : 7
None of these
Validate
Solution:
Let Principal =
x
1
,
x
2
and
x
3
x
1
× 4 × 10 =
x
2
× 8 × 15 =
x
3
× 12 × 20
x
1
= 3 × 2 = 6 × 3
x
1
:
x
2
= 3 : 1;
x
2
:
x
3
= 2 : 1
x
1
:
x
2
:
x
3
= 6 : 2 : 1
© examsnet.com
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