CA CPT Model Test Paper 8 with solutions for online practice

Question : 151 of 200

Marks: +1, -0

SECTION – D : QUANTITATIVE APTITUDE (50 MARKS)

A person opened a savings bank account 4 months ago, which has now a balance of Rs. 21,315. If the bank pays 4.5% simple interest, how much money was deposited by him, initially?

Rs. 21,000
Rs. 20,000
Rs. 15,000
None of these

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