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IBPS PO Prelims Model Paper 11

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Question : 65

Total: 100

A invests a certain sum in scheme A at compound interest (compounded annually) of 10% per annum for 2 years. In scheme B he invests at simple interest of 8% per annum for 2 years. He invests in schemes A and B in the ratio of 1 : 2. The difference between the interests earned from both the schemes is Rs. 990. Find the amount invested in scheme A.

Rs. 7500
Rs. 8000
Rs. 9000
Rs. 8500
Rs. 8600

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