IBPS PO Prelims 15 Oct 2022 Shift 1 Solved Paper

Arun invested in Rs 20,000 in scheme A which offers simple interest at x% per annum for 6 years and Bhavesh invested same amount in scheme B at (x - 2)% per annum for 7 years. If the simple interest received in scheme A is 20% more then in scheme B, then find the value of ‘x’.