Latest GRE Aptitude Question SOLUTION: Nguyen had invested a total of $20,000 in two banks A and B. At the end of one year he realized that his interest amount from bank A was one and half times that from bank B. If his

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(#M40165853) GRE Numerical Ability question Keep an EYE

Nguyen had invested a total of $20,000 in two banks A and B. At the end of one year he realized that his interest amount from bank A was one and half times that from bank B. If his investment in bank A was three times as that in bank B and if he earned a total interest amount of $1,250 from the two banks then what is the interest rate in bank B ?
[A] 10% [B] 8 [C] 12% [D] 5%

Asked In GRE Devendra Marghade (5 years ago)

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