← CAT 2020 Slot 1 QA

CAT 2020 Slot 1 QA · Question 3

Veeru invested Rs 10000 at 5% simple annual interest, and exactly after two years, Joy invested Rs 8000 at 10% simple annual interest. How many years after Veeru’s investment, will their balances, i.e., principal plus accumulated interest, be equal?

Type-in answer (TITA): no options, no negative marking.

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