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<html><body><h2 id="content-id-7364185920-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest 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 Compound Interest Questions.</p><h2 id="content-id-1476305829-3"><b>Question On Compound Interest </b></h2>Rs. (p + 500) is invested in Scheme A at 100% compound interest per annum for 3 years. Rs. (p + 1100) is invested in Scheme B at 50% compound interest per annum for 3 years. If the ratio of the compound interests earned from Scheme A and Scheme B is 42 : 19, find the total amount invested in both schemes together.
<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 : 41 Seconds </h3></div></div><h2 id="content-id-8437962105-4"><b> Compound Interest Questions Options</b></h2><ol><li><p>â&#130;¹4500</p>
</li><li><p>â&#130;¹4200</p>
</li><li><p>â&#130;¹4000</p>
</li><li><p>â&#130;¹3800</p>
</li><li><p>â&#130;¹3700</p>
</li></ol> <h2 id="content-id-0369124785-5"><b> Compound Interest Questions Solution</b></h2><p>The correct answer is <strong>option 2</strong> i.e. <strong>â&#130;¹4200</strong></p>

<p>CI in Scheme A = [(2)<sup>3</sup> − 1] × (p + 500) = 7(p + 500)</p>

<p>CI in Scheme B = [(3/2)<sup>3</sup> − 1] × (p + 1100) = (19/8)(p + 1100)</p>

<p>7(p + 500) : (19/8)(p + 1100) = 42 : 19</p>

<p>28(p + 500) = 21(p + 1100)</p>

<p>28p + 14000 = 21p + 23100</p>

<p>7p = 9100</p>

<p>p = 1300</p>

<p>Total amount invested = (1300 + 500) + (1300 + 1100) = 1800 + 2400 = â&#130;¹4200</p>
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The correct answer is option 2 i.e. ? - Compound Interest Questions are asked in Sbi Po exams and your question has been explained by experts like Neetu Mam.

 Compound Interest Questions Tips and Tricks

Rs p 500 is invested - Compound Interest Questions for Sbi Po

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