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<html><body><h2 id="content-id-0458271963-2"><b>SI And CI Mix Questions Overview</b></h2><p>SI And CI Mix Questions have a good weightage in the Sbi Po Exam and the type of question asked in Sbi Po exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in SI And CI Mix Questions.</p><h2 id="content-id-5708291643-3"><b>Question On SI And CI Mix </b></h2>An investor puts Rs. y into a high-yield savings account for 2 years at a compound interest rate of 30% per year. After the 2 years are up, the entire accumulated amount is withdrawn and immediately moved into a business fund that pays a simple interest rate of 20% per year for 4 years. If the interest earned from this second business fund turns out to be Rs. (y + 7040), find the value of (2y - 15000).
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Easy </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 47 Seconds </h3></div></div><h2 id="content-id-6013847952-4"><b> SI And CI Mix Questions Options</b></h2><ol><li><p>23000</p>
</li><li><p>22000</p>
</li><li><p>25000</p>
</li><li><p>24000</p>
</li><li><p>26000</p>
</li></ol> <h2 id="content-id-5079284631-5"><b> SI And CI Mix Questions Solution</b></h2><p>The correct answer is <strong>option 3</strong> i.e.  <strong>25000</strong></p>

<p>After 2 years at 30% compound interest,</p>

<p>Amount after 2 years = y × (13/10)<sup>2</sup> = 169y/100</p>

<p>This amount is invested at 20% simple interest for 4 years.</p>

<p>Interest = (169y/100) × (20/100) × 4 = 169y/125</p>

<p>169y/125 = y + 7040</p>

<p>169y = 125y + 880000</p>

<p>44y = 880000</p>

<p>y = 20000</p>

<p>2y − 15000 = 2 × 20000 − 15000</p>

<p>= 40000 − 15000</p>

<p>= 25000</p>
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