Mathematics · Compound Interest
A person invested Rs (X + 2000) at 20% p.a. compound interest (compounded annually) for two years, and the interest received was Rs 5280. If the person invests Rs (X - 3000) at the same rate for the same period, what will be the compound interest received?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs 4180
- 2Rs 3960
- 3Rs 3080✓
- 4Rs 3520
Correct answer
Rs 3080
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