IBPS RRB Officer Scale 1 Model Paper 12

A sum is divided between A and B in the ratio of 1 : 2. A purchased a car from his part, whichdepreciates at14

2

7

% per annum and B deposited his amount in a bank, which pays him 20%interest per annum compounded annually. By what percentage will the total sum of money increase after two years due to this investment pattern (approximately) ?