{"id":166921,"date":"2024-04-22T14:23:24","date_gmt":"2024-04-22T08:53:24","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=166921"},"modified":"2024-04-22T14:23:25","modified_gmt":"2024-04-22T08:53:25","slug":"a-certain-bank-offers-7-rate-of-interest-on-the-1st-year-and-8-on-the-2nd-year-in-a-certain-fixed-deposit-scheme","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/a-certain-bank-offers-7-rate-of-interest-on-the-1st-year-and-8-on-the-2nd-year-in-a-certain-fixed-deposit-scheme\/","title":{"rendered":"A certain bank offers 7% rate of interest on the 1st year and 8% on the 2nd year in a certain fixed deposit scheme"},"content":{"rendered":"\n<p>A certain bank offers 7% rate of interest on the 1st year and 8% on the 2nd year in a certain fixed deposit scheme (compounded annua). If 17,334are received after investing for 2 years in this scheme, then what was the amount invested?<\/p>\n\n\n\n<p>(a) 15500<\/p>\n\n\n\n<p>(b) 16000<\/p>\n\n\n\n<p><strong>(c) 15000<\/strong><\/p>\n\n\n\n<p>(d) 16500<\/p>\n\n\n\n<p>Sol:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" width=\"1024\" height=\"593\" src=\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-246-1024x593.png\" alt=\"\" class=\"wp-image-166926\" style=\"width:231px;height:auto\" srcset=\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-246-1024x593.png 1024w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-246-300x174.png 300w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-246-766x444.png 766w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-246-1536x890.png 1536w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-246-2048x1187.png 2048w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-246-259x150.png 259w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-246-100x58.png 100w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-246-604x350.png 604w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-246-788x456.png 788w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-246.png 252w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" width=\"1024\" height=\"385\" src=\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-247-1024x385.png\" alt=\"\" class=\"wp-image-166927\" style=\"width:316px;height:auto\" srcset=\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-247-1024x385.png 1024w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-247-300x113.png 300w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-247-767x288.png 767w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-247-1536x577.png 1536w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-247-2048x769.png 2048w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-247-399x150.png 399w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-247-100x38.png 100w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-247-932x350.png 932w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-247-788x296.png 788w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-247.png 378w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>A certain bank offers 7% rate of interest on the 1st year and 8% on the 2nd year in a certain fixed deposit scheme (compounded annua). If 17,334are received after investing for 2 years in this scheme, then what was the amount invested? (a) 15500 (b) 16000 (c) 15000 (d) 16500 Sol:<\/p>\n","protected":false},"author":419,"featured_media":166934,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[5138],"tags":[5139],"class_list":["post-166921","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-quantitative-aptitude","tag-quantitative-aptitude"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/166921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/419"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=166921"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/166921\/revisions"}],"predecessor-version":[{"id":166935,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/166921\/revisions\/166935"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/166934"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=166921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=166921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=166921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}