IPMAT Indore 2024 (SA) PYQs

If the compound interest earned on a certain sum for 2 years is twice the amount of simple interest for 2 years, then the rate of interest per annum is _______ percent

Anindita invests a total of $1$ lakh rupees distributed across three schemes A, B and C for a period of two years. These schemes offer an interest rate of $10\%$, $8\%$ and $12\%$ per annum, respectively, each compounded annually. If the initial investment amount in scheme A is $30000$ rupees and the total interest earned from all the three schemes during the first year is $10600$ rupees, then the total interest earned, in rupees, from all the three schemes for the second year is

Sagarika divides her savings of $10000$ rupees to invest across two schemes A and B. Scheme A offers an interest rate of $10\%$ per annum, compounded half-yearly, while scheme B offers a simple interest rate of $12\%$ per annum. If at the end of first year, the value of her investment in scheme B exceeds the value of her investment in scheme A by $2310$ rupees, then the total interest, in rupees, earned by Sagarika during the first year of investment is