Latest IBPS Aptitude Question SOLUTION: A money-lender borrows money at 4% per annum and lends it at 6% per annum compound interest compounded half yearly and thus gains Rs. 209 in a year. The amount of money he borrows

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Previous Question: Roger, Rollo and Vik start a business by investing Rs 70,000 that earns them a profit of Rs 42,000 at the end of the year. Roger invests his share in the profit in a scheme that gives him 10% interest compounded annually and Rollo invests his share in a scheme that gives him 20% interest compounded annually. Roger gets Rs 2,520 as interest at the end of 2 years and Rollo gets an interest of Rs 4,200 at the end of one year. Find Vik’s investment in the business. 1) Rs 1,60,000 2) Rs 15,000 3) Rs 17,520 4) Cannot be determined Next Question: A man gave 50% of his savings of Rs. 168200 to his wife and divided the remaining sum among his sons Abid and Bisth of 15 and 13 years of age respectively. He divided it in such away that each of his sons when they attain the age of 18 years, would receive the same amount of 5% compound interest per annum. The share of Bisth was: 1) Rs. 42050 2) Rs. 40000 3) Rs. 45000 4) Rs. 45500

(#M40166102) IBPS Numerical Ability question Keep an EYE

A money-lender borrows money at 4% per annum and lends it at 6% per annum compound interest compounded half yearly and thus gains Rs. 209 in a year. The amount of money he borrows, is: 1) Rs. 12,000 2) Rs. 11,500 3) Rs. 10,000 4) Rs. 9,500: Asked In IBPS Devendra Marghade (5 years ago); Unsolved; Is this Puzzle helpful? (0) (0) Submit Your Solution Simple & Compound Interest

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Previous Question: Roger, Rollo and Vik start a business by investing Rs 70,000 that earns them a profit of Rs 42,000 at the end of the year. Roger invests his share in the profit in a scheme that gives him 10% interest compounded annually and Rollo invests his share in a scheme that gives him 20% interest compounded annually. Roger gets Rs 2,520 as interest at the end of 2 years and Rollo gets an interest of Rs 4,200 at the end of one year. Find Vik’s investment in the business. 1) Rs 1,60,000 2) Rs 15,000 3) Rs 17,520 4) Cannot be determined Next Question: A man gave 50% of his savings of Rs. 168200 to his wife and divided the remaining sum among his sons Abid and Bisth of 15 and 13 years of age respectively. He divided it in such away that each of his sons when they attain the age of 18 years, would receive the same amount of 5% compound interest per annum. The share of Bisth was: 1) Rs. 42050 2) Rs. 40000 3) Rs. 45000 4) Rs. 45500

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