Mathematics · Compound Interest
A certain sum was invested at 40% p.a. compound interest for two years and the interest was compounded annually. If the interest was compounded half-yearly, the amount payable on maturity after two years would have been ₹4,544 more. What was the sum invested?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1₹40,000✓
- 2₹42,500
- 3₹42,000
- 4₹37,500
Correct answer
₹40,000
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Compound Interest MCQs →Want more practice questions on Compound Interest?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Compound Interest