RRB Paramedical Staff Nurse Model Paper 9

Question : 52 of 100

Marks: +1, -0

A sum of money is invested in Fund A at 7.5% per annum for SI. After 4 years an amount is received and that amount is invested in Fund B at 20% per annum for CI. If the interest received at the end of 2 years is 1430, find the initial invested amount?

1500
2500
3500
4500

Validate

Solution:

P[(1 + 20{/}100)^2-1] = 1430

P = 130 * 25 =

Amount of Fund A

P[{RT}/100 + 1] = 130 * 25

P[30/100 + 1] = 130 * 25

P=2500

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