Latest IBPS Aptitude Question SOLUTION: Two equal sum are invested in two different schemes. One scheme gives simple in-terest and the other gives compound interest (annual compounding). The sum of interest obtained afte

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(#M40166357) IBPS Numerical Ability question Keep an EYE

Two equal sum are invested in two different schemes. One scheme gives simple in-terest and the other gives compound interest (annual compounding). The sum of interest obtained after 2 years from both the schemes is Rs. 3717. If both scheme have 13% per annum interest rate, then what is the first year interest (in Rs) for simple interest scheme?

Asked In IBPS Ram Kumar (4 years ago)

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