BANK IBPS Clerk (Pre + Mains) Mock Test 2024 Quantitative Aptitude Interest Simple and Compound Both
If the simple interest on Rs. 1200 is Rs. 261 if a person invests ¼ of the amount at the rate 5% for three years. Find the rate at which the remaining amount is invested?
1
9%
2
10%
3
15%
4
8%
5
12%