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<html><body><h2 id="content-id-8412735690-2"><b>SI And CI Mix Questions Overview</b></h2><p>SI And CI Mix Questions have a good weightage in the Ibps Clerk Exam and the type of question asked in Ibps Clerk 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-0174895623-3"><b> Comprehension On SI And CI Mix Questions</b></h2>Directions: A financial company tracks five of its major loan packages: Home Loan, Car Loan, Education Loan, Business Loan, and Personal Loan.

The pie chart shows how the bank distributed its total loan amount of Rs. 50 lakh among five different loan categories.




	
		
			
			Loan Category
			
			
			Type of Interest
			
			
			Annual Rate (%)
			
			
			Time Period (Years)
			
		
		
			
			Home Loan
			
			
			Simple Interest (SI)
			
			
			8%
			
			
			5 Years
			
		
		
			
			Car Loan
			
			
			Compound Interest (CI)
			
			
			10%
			
			
			2 Years
			
		
		
			
			Education Loan
			
			
			Simple Interest (SI)
			
			
			6%
			
			
			3 Years
			
		
		
			
			Business Loan
			
			
			Compound Interest (CI)
			
			
			12%
			
			
			2 Years
			
		
		
			
			Personal Loan
			
			
			Simple Interest (SI)
			
			
			14%
			
			
			3 Years
			
		
	


 
<h2 id="content-id-8905462173-4"><b>Question On SI And CI Mix </b></h2>What is the total interest accumulated by the bank from the Home Loan and Education Loan categories combined?
<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 : 59 Seconds </h3></div></div><h2 id="content-id-5803749162-5"><b> SI And CI Mix Questions Options</b></h2><ol><li><p>â&#130;¹6,40,000</p>
</li><li><p>â&#130;¹7,20,000</p>
</li><li><p>â&#130;¹7,80,000</p>
</li><li><p>â&#130;¹8,10,000</p>
</li><li><p>â&#130;¹8,50,000</p>
</li></ol> <h2 id="content-id-9143082657-6"><b> SI And CI Mix Questions Solution</b></h2><p>The correct answer is <strong>option 3</strong> i.e.<strong> Rs. 7,80,000.</strong></p>

<p>Home Loan Interest:</p>

<p>= (1500000 × 8 × 5)/100</p>

<p>= Rs. 6,00,000</p>

<p>Education Loan Interest:</p>

<p>= (1000000 × 6 × 3)/100</p>

<p>= Rs. 1,80,000</p>

<p>Total Interest</p>

<p>= 600000 + 180000</p>

<p>= Rs. 7,80,000</p>
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