IBPS RRBs Officer Scale I and II 12 Se 2015 Paper
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Question : 55 of 200
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A sum of money was invested for 14 years was in Scheme A which offers simple interest at a rate of 8 % p.a. The amount received from Scheme A after 14 years was then invested for two years in Scheme B which offers compound interest (compounded annually) at a rate of 10% p.a. If the interest received from Scheme B was Rs. 6,678, what was the sum invested in Scheme A ?
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