Question Paper from: IBPS Clerk Prelims 2017

Two different amounts are invested in two schemes. In scheme A, amount X is invested at 8 % per annum and in scheme B amount (X+1400) is invested at 12% per annum. After 2 years difference between both interests is 880, then find the value of X?

1:

7200

2:

5500

3:

6800

4:

7300

5:

None of these

Solution:
Chapter Name: Partnership

In scheme A Interest =

In scheme B Interest

ATQ, 

= 880

X = 6800


This has been asked in Question Paper

IBPS Clerk Prelims 2017

Attempt

More Questions From Paper

prepsutra-app-download android ios

Download the PrepSutra app

Download the app for Android devices and prepare on the go - anytime, anywhere!