BANK IBPS RRB PO Mock Test Series 2025 (Pre + Mains) Quantitative Aptitude Interest Simple Interest

Ravi invested Rs. 1500 at R% simple interest for 2 years and Rs. 2000 at a rate of (R + 4%) simple interest for 3 years. If total interest earned by him is Rs. 1320, then find the value of R.

1
5%
2
8%
3
10%
4
12%
5
15%
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