Test Index

IBPS PO Prelims Model Paper 15

© examsnet.com

Question : 29

Total: 100

Equal amounts are invested in two schemes M and N for 6 years and 8 years respectively. Scheme M offers interest at the rate of 12% per annum and scheme N offers interest at the rate of 8% per annum. The difference between the interests earned is ₹ 1280. What is the amount invested in each scheme?

₹ 16000
₹ 16500
₹ 17000
₹ 18000
None of these

Go to Question:

Prev Question

Next Question