IBPS Clerk Prelims Model Paper 14

As per the question,
A1–A2 = 5000 – 2000
(P+

P×12×T

100

)−(P+

P+4×T

100

)
= 5000 – 2000
⇒

8PT

100

= 300
⇒ PT =

3000×100

8

= 37500
Again, for 12% rate,
SI =

PTR

100

=

37500×12

100

⇒ SI = ₹ 4500
Then Sum (P) = 5000 – 4500 = ₹ 500
We have, PT = 37500
∴ T =

37500

P

=

37500

500

= 75 year