Question

A certain sum of money invested at a rate of 48% p.a. amounts to Rs. 20736 at the end of 15 months if the rate of interest is compounded 5 monthly. Find the sum (in Rs.).

A 12500
B 12600
C 18000
D 12000
E None of these
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)