CATArithmetic > Medium4635✅ Correct Option: 2Related 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 2021 Slot 1Anil invests some money at a fixed rate of interest, compounded annually. If the interests accrued during the second and third year are ₹806.25₹ 806.25₹806.25 and ₹866.72,₹ 866.72,₹866.72, respectively, the interest accrued, in INR, during the fourth year is 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