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DIVIYENDRA SINGH

· started a discussion

· 1 Months ago

after computing the SI for 2 years the P will become 124 for CI, how can u take 100 as P for CI?????????

Question:

Sahil invested a certain sum for 4 years. For the first two years, he gets simple interest at 12% per annum and for next two years at 20% per annum he gets compound interest. The total interest earned by him after 4 years is Rs.11016. What was the sum?

Options:
A)

Rs.17400

B)

Rs.18400

C)

Rs.16200

D)

Rs.9400

Solution:

Ans: (c)

  

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