Q100
A sum of Rs. 5324 is accumulated in 3 years at 10% compound interest, What is the original amount = ?
A.
Rs. 2000
B.
Rs. 4000
AnswerC.
Rs. 6000
D.
Rs. 3000
Answer: Option B
Solution
Answer: Option B
Solution:
Let the principal = 1000, r = 10%, T = 3YearRate r = 10% =

Amount = 300 + 30 + 1 + 1000(Principal) = 1331
⇒1331 unit → 5324
⇒ 1unit →
∴ 1000unit = = 4000