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GATE 2024 · session-1
General AptitudeQuantitative AptitudemediumMCQ2 marks
Person 1 and Person 2 invest in three mutual funds A, B, and C. The amounts they invest in each of these mutual funds are given in the table.
Mutual fundABC
Person 1Rs 10,000Rs 20,000Rs 20,000
Person 2Rs 20,000Rs 15,000Rs 15,000
At the end of one year, the total amount that Person 1 gets is Rs 500 more than Person 2. The annual rate of return for the mutual funds B and C is 15%. What is the annual rate of return for the mutual fund A?
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