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Kanishk Raj Vats

· started a discussion

· 1 Months ago

becoz si for 1 yr is 250........therefore calculating it we get r=16

pls verify

Question:

A sum of money amounts to Rs.500 in 2 years and Rs.540 in 3 years at compound interest per annum, then find the principle.

Options:
A)

Rs.440.66

B)

Rs.448.66

C)

Rs.428.66

D)

Rs.445.66

Solution:

Ans: (c)

  

Knowledge Expert

· commented

· 1 Months ago

Dear student
Given answer is correct
Please solve the question carefully

Best wishes
Team TR

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