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CAT 2022 Interest — Previous Year Question

Year

CAT 2022

Section

Quantitative

Topic

Interest

Difficulty

Hard

Question

Slot-2

Mr. Pinto invests one-fifth of his capital at 6%, one-third at 10% and the remaining at 1%, each rate being simple interest per annum. Then, the minimum number of years required for the cumulative interest income from these investments to equal or exceed his initial capital is

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