Nitu has an initial capital of  ₹20,000. Out of this, she invests ₹8,000 at  5.5%  in bank A, ₹5,000 at 5.6% in bank B and the remaining amount at x% in bank C, each rate being simple interest per annum. Her combined annual interest income from these investments is equal to 5% of the initial capital. If she had invested her entire initial capital in bank C alone, then her annual interest income, in rupees, would have been

 

Started 7 months ago by Shashank in

  • No one is replied to this thread yet. Be first to reply!
  • No more replies