CAT 2019 Slot 2 QA Q32 Interest

Question 32 of the Quantitative Ability (QA) section, CAT 2019 Slot 2, with CAT's official answer.

Amal invests Rs 12000 at 8% interest, compounded annually, and Rs 10000 at 6% interest, compounded semi-annually, both investments being for one year. Bimal invests his money at 7.5% simple interest for one year. If Amal and Bimal get the same amount of interest, then the amount, in Rupees, invested by Bimal is [TITA]

TITA: type in the answer. There are no options and no negative marking.

Answer: 20920 Interest TITA

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