CATArithmetic > MediumEntered answer:✅ Correct Answer: 20920Related questions:CAT 2024 Slot 1An amount of Rs 10000 is deposited in bank A for a certain number of years at a simple interest of 5% per annum. On maturity, the total amount received is deposited in bank B for another 5 years at a simple interest of 6% per annum. If the interests received from bank A and bank B are in the ratio 10 : 13, then the investment period, in years, in bank A is2025 Slot 1At a certain simple rate of interest, a given sum amounts to Rs 13920 in 3 years, and to Rs 18960 in 6 years and 6 months. If the same given sum had been invested for 2 years at the same rate as before but with interest compounded every 6 months, then the total interest earned, in rupees, would have been nearest toCAT 2022 Slot 3Nitu has an initial capital of Rs. 20,00020,00020,000. Out of this, she invests Rs. 8,0008,0008,000 at 5.5%5.5\%5.5% in bank AAA, Rs. 5,0005,0005,000 at 5.6%5.6\%5.6% in bank BBB and the remaining amount at x%x \%x% in bank CCC , each rate being simple interest per annum. Her combined annual interest income from these investments is equal to 5%5 \%5% of the initial capital. If she had invested her entire initial capital in back CCC alone, then her annual interest income, in rupees, would have been