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    1. Home
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    3. Quantitative Aptitude
    4. Simple and compound interest
    5. What sum of money will become Rs.1352 in 2 years at 4 percent per annum compound interest?

    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

    Solution

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

    Practice Next
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    Relevant for Exams:

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