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Alex invested his savings in two parts. The simple interest earned on the first part at 15% per annum for 4 years is the same as the simple interest e...

CAT Medium Simple & Compound Interest MCQ

Question

Alex invested his savings in two parts. The simple interest earned on the first part at 15% per annum for 4 years is the same as the simple interest earned on the second part at 12% per annum for 3 years. Then, the percentage of his savings invested in the first part is:

Options

A.

62.5

B.

37.5

C.

60

D.

40

simple interestpercentageinvestmentscat 2022

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