SSC CGL 2025 PYQ — Question 68

SSC CGL - 18 Sep 2025 - Shift 2 • Quantitative Aptitude • Q68

A person invested  ₹20,000 in two different schemes. He invested one part for 4 years at 8% simple interest and the other part for the sarne duration at 10% simple interest, if the interest earned from the second part was  ₹2,240 more than the interest earned from the first part, how much money was invested in the second scheme?

Show answer & explanation

Correct answer: C

Explanation

The correct answer is Option 3 i.e. ₹12,000.

Let amount in second scheme = x, then first scheme = 20000 - x

SI = (P × R × T)/100

Interest from first scheme =(20000−x)×8×4100=0.32(20000−x)= \frac{(20000 - x) \times 8 \times 4}{100} = 0.32(20000 - x)  

Interest from second scheme =x×10×4100=0.4x= \frac{x \times 10 \times 4}{100} = 0.4x

0.4x - 0.32(20000 - x) = 2240

⇒ 0.4x - 6400 + 0.32x = 2240

⇒ 0.72x = 8640

⇒ x = 8640/0.72 = 12000