CAT 2019 Interest — Previous Year Question
Year
CAT 2019
Section
Quantitative
Topic
Interest
Difficulty
Medium
Question
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
Stand Out in Your CAT Interview Round!
Build confidence with mock interviews tailored to IIM and top B-school patterns. Get instant feedback from mentors.
Explore Interview Platform