Q42
A certain sum of amounts to Rs. 5832 in 2 years at 8% per annum compound interest, the sum is = ?
A.
Rs. 5000
AnswerB.
Rs. 5200
C.
Rs. 5280
D.
Rs. 5400
Answer: Option A
Solution
Answer: Option A
Solution:
{\text{Rate 8% = }}\frac{2}{{25}}
| Principal | Amount |
| 25 | 27 |
| 25 | 27 |
| 625 | 729 |
| ↓ × 8 | ↓ × 8 |
| 5000 | 5832 |