railway RRB NTPC Mock Test Series 2024-25 (CBT 1 + CBT 2) Quantitative Aptitude Interest Compound Interest
A person borrowed some money for three years at 8% simple interest. He lends the money at 5% compound interest for 6 six years. If he earns a total profit of Rs 5000, how much money did he borrow? (Given (1.05)6 = 1.34)
1
Rs. 15000
2
Rs. 19000
3
Rs. 12000
4
Rs. 50000