Question

    An amount of Rs. 'R' is invested under compound interest

    at an annual rate of 25%, compounded yearly. After 2 years, the investment grows to Rs. 5,625. Determine the value of (R - 400).
    A 2,200 Correct Answer Incorrect Answer
    B 1,800 Correct Answer Incorrect Answer
    C 3,200 Correct Answer Incorrect Answer
    D 2,250 Correct Answer Incorrect Answer

    Solution

    ATQ, Or, R = 3,600 Required value = 3,600 - 400 = 3,200

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