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SBI PO 4 Jan 2021 Paper
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© examsnet.com
Question : 44
Total: 100
A sum of Rs. X is invested in a scheme offering simple interest for 2 years at the interest rate of 20% per annum. A sum of Rs. 2X is invested in the same scheme for 3 years. If the difference between the interest received after respective periods is Rs. 1524, what is the value of 3X?
Rs. 1905
Rs. 3810
Rs. 762
Rs. 2286
Rs. 5715
Validate
Solution:
According to question,
60% of 2X − 40% of X = 1524
⇒ 1.2X – 0.4X = 1524
⇒
X
=
1524
0.8
=
1905
⇒
3
X
=
3
×
1905
=
Rs. 5715
© examsnet.com
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