BANK IBPS Clerk (Pre + Mains) Mock Test 2024 Quantitative Aptitude Interest Simple and Compound Both
Ram has invested Rs.10000 in scheme A at 12% simple interest for 5 years. The amount received from scheme A is invested in scheme B at 10% Compound interest for 2 years. Find the total interest received from both schemes.
1
Rs. 10860
2
Rs. 9360
3
Rs. 6780
4
Rs. 9440
5
Rs. 9640