Question

    What sum of money at 120% compound interest per annum amounts to Rs.376.32 in 2 years?

    A 280 Rs Correct Answer Incorrect Answer
    B 260 Rs Correct Answer Incorrect Answer
    C 320 Rs Correct Answer Incorrect Answer
    D 300 Rs Correct Answer Incorrect Answer

    Solution

    If the principal is Rs. P then r = 12% t = 2 years

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