Banking Quantitative Aptitude Simple Interest Question Bank Simple Interest and Compound Interest

  • question_answer
    A sum of Rs. 31500 was lent partly at 7% and partly at 11 % p.a. simple interest. The total interest received after 4 years was Rs. 12708. Find the ratio of money lent at 7% to that lent at 11%.

    A) \[4:25\]

    B) \[7:29\]

    C) \[11:25\]

    D) \[8:27\]

    E) \[13:27\]

    Correct Answer: D


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