IBPS RRB Officer Prelims 16 Sep 2017 Paper
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Question : 78 of 80
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Ram invests a certain sum in Scheme A offering simple interest at the rate of 5% p.a. for 4 years. He further invests the amount obtained from Scheme A into Scheme B offering compound interest at the rate of 10% p.a. (compounded annually) for 2 years. If the interest obtained from Scheme B was Rs. 378, what was the sum invested in Scheme A? (in Rs.)
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