NIMCET 2025 Paper

Section: Analytical Ability & Logical Reasoning

Question : 57 of 120

Marks: +1, -0

A sum of money was divided into 2 parts in the ratio

2: 5

. The first part was invested for 2 years at the annual interest rate of

20 \%

, compounded annually. At what rate of simple interest per annum must the second part be invested for 2 years, so that the interest earned in both cases is the same?

$102 \%$
$8.8 \%$
Cannot be determined
$9.6 \%$

Validate

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