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Aptitude · Q159

Compound Interest

Competitive Exams · Aptitude · question 159

Q159

The compound interest on a certain sum in 21/2 years at 10% p.a., interest compounded yearly, is Rs. 1,623. The sum is:

The compound interest on a certain sum in  years at 10% p.a., interest compounded yearly, is Rs. 1,623. The sum is:
A.
Rs. 5,000
B.
Rs. 6,000
Answer
C.
Rs. 6,500
D.
Rs. 7,200

Answer: Option B

Solution

Answer: Option B
Solution: