IPMAT Question Paper 2024 | IPM Indore Quantitative Ability

IPMAT Question Paper | Question 36
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IPMAT 2024 Question Paper IPM Indore Quantitative Ability. Solve questions from IPMAT 2024 Question Paper from IPM Indore and check the solutions to get adequate practice. The best way to ace IPMAT is by solving IPMAT Question Paper. To solve other IPMAT Sample papers, go here: IPM Sample Paper

Question 36 : Sagarika divides her savings of 10000 rupees to invest across two schemes A and B. Scheme A offers an interest rate of 10% per annum, compounded halfyearly, while scheme B offers a simple interest rate of 12% per annum. If at the end of first year, the value of her investment in scheme B exceeds the value of her investment in scheme A by 2310 rupees, then the total interest, in rupees, earned by Sagarika during the first year of investment is

  1. 1100
  2. 1130
  3. 1111
  4. 1000

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The question is "Sagarika divides her savings of 10000 rupees to invest across two schemes A and B. Scheme A offers an interest rate of 10% per annum, compounded halfyearly, while scheme B offers a simple interest rate of 12% per annum. If at the end of first year, the value of her investment in scheme B exceeds the value of her investment in scheme A by 2310 rupees, then the total interest, in rupees, earned by Sagarika during the first year of investment is"

Hence, the answer is '1130'

 

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