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Discussion

What sum of money put at C.I amounts in 2 years to Rs.8820 and in 3 years to Rs.9261?

  • A.Rs.8000
  • B.Rs.8400
  • C.Rs.7500
  • D.None

Answer: A

8820 ---- 441

100 ---- ? => 5%

 x *105/100 * 105/100 = 8820

 x*1.1025=8820

 

 x=8820/1.1025 => 8000

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