Rs. x x x is invested in scheme A at compound interest rate of r % r% r % per annum compounded annually for t t t years. The same amount is invested i...

Banking SBI PO Prelims Medium Simplification/ Approximation MCQ

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Rs. $x$ is invested in scheme A at compound interest rate of $r%$ per annum compounded annually for $t$ years. The same amount is invested in scheme B at compound interest rate of $p%$ per annum compounded half-yearly for $t$ years. If the interest earned from both schemes is equal, which of the following pairs of $(r, p)$ (both integers) satisfy this condition?

(i) $(20, 24)$

(ii) $(24, 30)$

(iii) $(44, 40)$

(iv) $(21, 20)$

(v) $(12, 16)$

Options

Only (ii) and (iv)

Only (i), (ii) and (iv)

Only (ii) and (iii)

Only (iii) and (iv)

Only (i), (ii) and (v)

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