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    Question

    What sum of money will become Rs.1352 in 2 years at 4

    percent per annum compound interest? 
    A Rs.1200 Correct Answer Incorrect Answer
    B Rs.1225 Correct Answer Incorrect Answer
    C Rs.1250 Correct Answer Incorrect Answer
    D Rs.1300 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    P (1+4/(100)) )^2  = 1352 P ×26/25×26/25= 1352 P = 1250

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