IBPS SO Prelims Exam Model Paper 8

Question : 127 of 150

Marks: +1, -0

Ram invests the same amount on simple interest and compound interest at a rate of interest 25% and 20% for 4 years and 3 years respectively. He achieved a total interest of Rs.12096. Find the simple interest when he invests the same amount for 2 years at a rate of interest of 22%.