Data Interpretation Line Graphs Tests

Directions (Qs. 16-20): These questions are based on the information given in the following graph.

Question : 19 of 35

Marks: +1, -0

An amount of Rs. 20,000 was invested in Company 'B' in 2008 and after one year the entire amount alongwith interest was will be reinvested in the Company A for one more year. What will be the total amount of interest accrued?

Rs. 5199
Rs. 5762.50
Rs. 5533.75
Rs. 54.25

Validate

Solution:

Interest received in 2009 from Company B

= {20000× 14.5 ×1}/100

= Rs. 2900
Hence, their amount = 20000 + 2900 = Rs. 22900
Interest will be received in 2010 from Company A

= {22900× 12.5 ×1}/100

= Rs. 2862.50
Hence, total amount of interests for both years = 2900 + 2862.50 = Rs. 5762.50

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