CAT 2024 Question Paper | Quant Slot 2

CAT Previous Year Paper | CAT Quant Questions | Question 15

CAT 2024 Quant was dominated by Algebra followed by Arithmetic. In Arithmetic, the questions were dominated by topics like Speed-time-distance, Mixture and Alligations. This year, there was a surprise. The questions from Geometry were relatively on the lower side as compared to the previous years. There were 8 TITA Qs this year. Overall this section was at a medium level of difficulty.

Question 15 Anil invests Rs 22000 for 6 years in a scheme with 4% interest per annum, compounded half-yearly. Separately, Sunil invests a certain amount in the same scheme for 5 years, and then reinvests the entire amount he receives at the end of 5 years, for one year at 10% simple interest. If the amounts received by both at the end of 6 years are equal, then the initial investment, in rupees, made by Sunil is

  1. 20480
  2. 20808
  3. 20640
  4. 20860

🎉 Kickstart Your CAT Prep This Makar Sankranti! Get up to ₹ 14,000 off on our all-inclusive CAT full courses. Limited-time offer, valid until 16th January!


2IIM : Best Online CAT Coaching.

Best CAT Online Coaching
Try upto 40 hours for free
Learn from the best!


2IIM : Best Online CAT Coaching.


Video Explanation


Best CAT Coaching in Chennai


CAT Coaching in Chennai - CAT 2022
Limited Seats Available - Register Now!


Explanatory Answer


The question is "Anil invests Rs 22000 for 6 years in a scheme with 4% interest per annum, compounded half-yearly. Separately, Sunil invests a certain amount in the same scheme for 5 years, and then reinvests the entire amount he receives at the end of 5 years, for one year at 10% simple interest. If the amounts received by both at the end of 6 years are equal, then the initial investment, in rupees, made by Sunil is "

Hence, the answer is '20808'

Choice B is the correct answer.

CAT Questions | CAT Quantitative Aptitude

CAT Questions | Verbal Ability for CAT


Where is 2IIM located?

2IIM Online CAT Coaching
A Fermat Education Initiative,
58/16, Indira Gandhi Street,
Kaveri Rangan Nagar, Saligramam, Chennai 600 093

How to reach 2IIM?

Mobile: (91) 99626 48484 / 94459 38484
WhatsApp: WhatsApp Now
Email: info@2iim.com