Join ExamsbookAnswer : 3. "Rs.7500"
A person got Rs.48 more when he invested a certain sum at compound interest instead of simple interest for two years at 8% p.a. Find the sum ?5
Q: A person got Rs.48 more when he invested a certain sum at compound interest instead of simple interest for two years at 8% p.a. Find the sum ?
- 1Rs.8000false
- 2Rs.6500false
- 3Rs.7500true
- 4Rs.5000false
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Answer : 3. "Rs.7500"
Explanation :
Answer: C) Rs.7500 Explanation: p=d×1002R2 Where d is difference, r is rate of interest. => (48 x 100 x 100) / 8 x 8 = Rs.7500