BANK IBPS RRB PO Mock Test Series 2025 (Pre + Mains) Quantitative Aptitude Interest Simple and Compound Both
Prashant invested some amount of money in bank A for 3 years and earned Rs. 540 as simple interest. If he invests same amount in bank B for 2 years, he earns Rs. 376.20 as interest that offers same rate of interest but at compound rate. Find the amount invested by him in both banks.
1
Rs. 1600
2
Rs. 1800
3
Rs. 2000
4
Rs. 2100
5
Rs. 1750