Mathematics · Compound Interest
A sum becomes Rs. 33800 in 2 years and Rs. 43940 in 3 years under a scheme of compound interest (compounding annually). If double the original sum is invested in the same scheme for 2 years, what will be the amount obtained at the end of 2 years?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 60420
- 2Rs. 71240
- 3Rs. 67600✓
- 4Rs. 62480
Correct answer
Rs. 67600
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