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Ramesh and Mahesh have equal amount. Ramesh invested all his amount at 10% compound annually for 2 years and Mahesh invested ¼ at 10% compound interest (annually) and rest at r% per annum at simple interest for the same 2 years period. The interest received by both at the end of 2 years is same. What is the value of R?
  • a)
    10%
  • b)
    12%
  • c)
    11%
  • d)
    10.5%
  • e)
    12.5%
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Ramesh and Mahesh have equal amount. Ramesh invested all his amount a...
P(1+10/100)2-p = p/4 (1+10/100)2-p/4+3p*2*r/4*100
121/100-1= ¼ (121/100-1)+ 3r/200
¾ (121/100-1) =3r/200
21/100=r/50
R=10.5%
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Ramesh and Mahesh have equal amount. Ramesh invested all his amount at 10% compound annually for 2 years and Mahesh invested ¼ at 10% compound interest (annually) and rest at r% per annum at simple interest for the same 2 years period. The interest received by both at the end of 2 years is same. What is the value of R?a)10%b)12%c)11%d)10.5%e)12.5%Correct answer is option 'D'. Can you explain this answer?
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Ramesh and Mahesh have equal amount. Ramesh invested all his amount at 10% compound annually for 2 years and Mahesh invested ¼ at 10% compound interest (annually) and rest at r% per annum at simple interest for the same 2 years period. The interest received by both at the end of 2 years is same. What is the value of R?a)10%b)12%c)11%d)10.5%e)12.5%Correct answer is option 'D'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Ramesh and Mahesh have equal amount. Ramesh invested all his amount at 10% compound annually for 2 years and Mahesh invested ¼ at 10% compound interest (annually) and rest at r% per annum at simple interest for the same 2 years period. The interest received by both at the end of 2 years is same. What is the value of R?a)10%b)12%c)11%d)10.5%e)12.5%Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Ramesh and Mahesh have equal amount. Ramesh invested all his amount at 10% compound annually for 2 years and Mahesh invested ¼ at 10% compound interest (annually) and rest at r% per annum at simple interest for the same 2 years period. The interest received by both at the end of 2 years is same. What is the value of R?a)10%b)12%c)11%d)10.5%e)12.5%Correct answer is option 'D'. Can you explain this answer?.
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