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Amal invests 12000 at 8% interest, compounded annually, and 10000 at 6% interest, compounded semi-annually, both investments being for one year. Bimal invests his money at 7.5% simple interest for one year. If Amal and Bimal get the same amount of interest, then the amount, in Rupees, invested by Bimal is(2019)a)20925b)20920c)20930d)20940Correct answer is option 'B'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared
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the CAT exam syllabus. Information about Amal invests 12000 at 8% interest, compounded annually, and 10000 at 6% interest, compounded semi-annually, both investments being for one year. Bimal invests his money at 7.5% simple interest for one year. If Amal and Bimal get the same amount of interest, then the amount, in Rupees, invested by Bimal is(2019)a)20925b)20920c)20930d)20940Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam.
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Here you can find the meaning of Amal invests 12000 at 8% interest, compounded annually, and 10000 at 6% interest, compounded semi-annually, both investments being for one year. Bimal invests his money at 7.5% simple interest for one year. If Amal and Bimal get the same amount of interest, then the amount, in Rupees, invested by Bimal is(2019)a)20925b)20920c)20930d)20940Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Amal invests 12000 at 8% interest, compounded annually, and 10000 at 6% interest, compounded semi-annually, both investments being for one year. Bimal invests his money at 7.5% simple interest for one year. If Amal and Bimal get the same amount of interest, then the amount, in Rupees, invested by Bimal is(2019)a)20925b)20920c)20930d)20940Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Amal invests 12000 at 8% interest, compounded annually, and 10000 at 6% interest, compounded semi-annually, both investments being for one year. Bimal invests his money at 7.5% simple interest for one year. If Amal and Bimal get the same amount of interest, then the amount, in Rupees, invested by Bimal is(2019)a)20925b)20920c)20930d)20940Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Amal invests 12000 at 8% interest, compounded annually, and 10000 at 6% interest, compounded semi-annually, both investments being for one year. Bimal invests his money at 7.5% simple interest for one year. If Amal and Bimal get the same amount of interest, then the amount, in Rupees, invested by Bimal is(2019)a)20925b)20920c)20930d)20940Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Amal invests 12000 at 8% interest, compounded annually, and 10000 at 6% interest, compounded semi-annually, both investments being for one year. Bimal invests his money at 7.5% simple interest for one year. If Amal and Bimal get the same amount of interest, then the amount, in Rupees, invested by Bimal is(2019)a)20925b)20920c)20930d)20940Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CAT tests.