insurence exam AIC MT (Generalist & IT) Mock Test Series 2025 Quantitative Aptitude Interest Simple Interest
Shivansh invested Rs. 800 in a scheme which is offering 53/4% per annum simple interest. After 2 years he withdrew the money from the scheme and invested the total amount in another scheme which gives an interest rate of R% per annum simple interest. After 3 more years, he received Rs. 1214.40, then what is the difference between the rates of interest?
1
71/13
2
83/7
3
79/12
4
86/3
5
None of these