CATArithmetic > MediumEntered answer:✅ Correct Answer: 12Related questions:CAT 2024 Slot 2Anil 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 isCAT 2022 Slot 2Mr. Pinto invests one-fifth of his capital at 66%6, one-third at 1010%10 and the remaining at 11%1, each rate being simple interest per annum. Then, the minimum number of years required for the cumulative interest income from these investments to equal or exceed his initial capital isCAT 2019 Slot 1Amala, Bina, and Gouri invest money in the ratio 3:4:53: 4: 53:4:5 in fixed deposits having respective annual interest rates in the ratio 6:5:46: 5:46:5:4. What is their total interest income (in Rs) after a year, if Bina's interest income exceeds Amala's by Rs 250250250?