Mathematics · Compound Interest
A certain sum invested at a compound interest of 10% per annum, compounded annually, amounts to Rs. 5,324 in 3 years. What is 120% of the sum invested?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 4,500
- 2Rs. 4,800✓
- 3Rs. 5,500
- 4Rs. 6,000
Correct answer
Rs. 4,800
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