Vidyalelo
Aptitude · Q151

Compound Interest

Competitive Exams · Aptitude · question 151

Q151

A sum of Rs. x was borrowed and paid back in two equal yearly instalments, each of Rs. 35,280. If the rate of interest was 5%, compounded annually, then the value of x is:

A.
64,400
B.
65,600
Answer
C.
64,800
D.
65,400

Answer: Option B

Solution

Answer: Option B
No explanation is given for this question Let's Discuss on Board