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RBI Assistant Model Paper 7
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© examsnet.com
Question : 59
Total: 100
Manoj invested a sum at x% per annum at C.I. If first year and second year C.I on that sum is Rs. 845 and Rs. 910. Find Amount invested ?
Rs. 10985
Rs. 10000
Rs. 13000
Rs. 10900
Rs. 13985
Validate
Solution:
Rate of interest
(
x
)
=
910
−
845
845
×
100
=
65
845
×
100
=
7
9
13
%
Total C.I =
910
+
845
=
Rs
.
1755
Let 'p' amount was invested
C.I. =
P
[
(
1
+
R
100
)
T
−
1
]
1755
=
P
[
(
1
+
1
13
)
2
−
1
]
1755
=
P
×
27
169
P
=
1755
×
169
27
=
Rs
.
10985
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