In a bank, 6% interest is given on the deposited amount. The bank then invests the money in the stock market and is able to earn ₹30,000 for every ₹3,...

Question

In a bank, 6% interest is given on the deposited amount. The bank then invests the money in the stock market and is able to earn ₹30,000 for every ₹3,00,000. How much money is the bank earning finally if the total amount deposited in the bank is ₹60,00,000?

Options

A.

₹3,00,000

B.

₹6,40,000

C.

₹2,40,000

D.

₹3,60,000

interestinvestmentprofitpercentage

Solve This Question

Get instant feedback with detailed step-by-step solution

Start Solving →