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

  • question_answer
    Two partners X and Y invested their capital. X invested Rs. P at 10% per annum, Y invested Rs. (P - 4000) at the rate of 12% per annum. If they both get total compound interest Rs 6412.8 at the end of two years, then find capital invested by Y?

    A) 16000 Rs.

    B) 12000 Rs.

    C) 10000 Rs.

    D) 14000 Rs.

    E) 18000 Rs.

    Correct Answer: B


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