Mathematics · Compound Interest
A certain sum at compound interest amounts to Rs. 3,025 in 2 years and to Rs. 3,327.5 in 3 years, interest compounded annually. The sum and the rate of interest p.a. are, respectively:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 2,800 and 9%
- 2Rs. 2,400 and 12%
- 3Rs. 2,000 and 8.5%
- 4Rs. 2,500 and 10%✓
Correct answer
Rs. 2,500 and 10%
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