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33
M: +1.00/-0.25

For the following questions answer them individually

The interest earned when a sum of Rs. 1,200/ was invested for 4 years in scheme A (offering simple
interest at the rate of 20% p.a.) was Rs. 1,460/ less than the amount received when Rs. x was invested
for 2 years in scheme B (offering compound interest compounded annually at the rate of 10% p.a.). What
was x ?

[SBI Clerk 05 Jun 2016]
A
B
C
D
E