Mathematics · Compound Interest
A certain sum amounts to Rs. 6,655 at 10% p.a. in 3 years, interest compounded annually. The compound interest on the same sum in 2 years at 1.5 times the earlier rate, compounded annually, will amount to Rs. x. What is the value of x?
- 11612.50✓
- 21516.25
- 31725.75
- 41000
Correct answer
1612.50
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