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CAT 2019 Interest — Previous Year Question

Paper

CAT 2019

Section

Quantitative

Topic

Interest

Difficulty

Medium

Question

CAT 2019

Slot-2

Amal invests Rs 12000 at 8% interest, compounded annually, and Rs 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

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