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SSC Sample Paper SSC-CGL TIER - I Sample Test Paper-6

  • question_answer
    Sriniwasan deposited two equal amounts in two different banks at 10% and 12% annual rate of simple interest. At the end of the year he received a total interest of Rs 1650 from both the banks, then what amount did he deposit in each bank?

    A) Rs 8500            

    B) Rs 15000

    C) Rs 7500            

    D) Rs 17000

    Correct Answer: C

    Solution :

    Let Rs x is deposited in each bank then, \[S{{I}_{1}}+S{{I}_{2}},=1650\] \[\Rightarrow \frac{x+10\times 1}{100}+\frac{x\times 12\times 1}{100}=1650\] \[22x=1650\times 100\,\,x\]= Rs 7500


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