Mathematics · Simple and Compound Interest
A person invests ₹ [x + 250] at an 18% simple interest rate for 2 years. The interest received after two years is ₹ [y + 78]. If ₹ x is invested at a 20% compound interest rate per annum compounded annually for 2 years, the interest received after two years is ₹ [y + 52]. Which of the following statements is true about x and y?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1x + y = 1100✓
- 2x < y
- 3Both x and y are perfect cube numbers
- 4Both x and y are perfect square numbers
Correct answer
x + y = 1100
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