IBPS PO Prelims Model Paper 4 with solutions

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Directions (41-45) : Each of the following questions consists of a question followed by three informative statements. You have to study the questions carefully and select the statement or statements which is/are sufficient to answer the question.
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Question : 44 of 100
 
Marks: +1, -0
Is the rate of interest 9% per annum?
I. Sampath invests Rs. 15,000 as fixed deposit for 10 years in a bank at the rate of 10% per annum at simple interest.
II. Sampath withdrew the entire money after 5 years for which the bank allowed him a lower rate of interest.
III. During the withdrawal Sampath got Rs.8,250 less than what he would have got at the end of 10 years.
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