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      Question

      The certain sum amounts to Rs11313.5 in 2(1/2) years at

      12% p.a., interest compounded 10 months. The sum (in Rs) is:
      A Rs.6530 Correct Answer Incorrect Answer
      B Rs.8500 Correct Answer Incorrect Answer
      C Rs.6555 Correct Answer Incorrect Answer
      D Rs.8045 Correct Answer Incorrect Answer

      Solution

      ATQ, Simplify :

      Solve for P:

      The principal sum is Rs 8500 .

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