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Learn RAILWAY MCQs with answers [Page 17 of Department 3]

M

Mr. Dubey • 51.47K Points
Coach Math 

168) Rakesh has invested his Rs. 10000 in two different schemes i.e., NSC and PPF at the compound interest rates of 14% and 11% respectively. If the interest amount of 2 years is Rs. 2726, then calculate the principle amount of NSC.

(A) Rs. 5000
(B) Rs. 4000
(C) Rs. 6000
(D) Rs. 7000
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Correct Answer - Option (A)

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