Year
CAT 2024
Section
Quantitative
Topic
Interest
Difficulty
Medium
Question
Slot-1
An amount of Rs 10000 is deposited in bank A for a certain
number of years at a simple interest of 5% per annum. On maturity, the total amount received is
deposited in bank B for another 5 years at a simple interest of 6% per annum. If the interests
received from bank A and bank B are in the ratio 10 : 13, then the investment period, in years,
in bank A is
An amount of Rs 10000 is deposited in bank A for a certain number of years at a simple interest of 5% per annum. On maturity, the total amount received is deposited in bank B for another 5 years at a simple interest of 6% per annum. If the interests received from bank A and bank B are in the ratio 10 : 13, then the investment period, in years, in bank A is
4
3
6
5
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