Mathematics · Compound Interest

A sum is invested at 4% per annum compound interest for 223 years. If the compound interest for the given period is ₹1,656.64, find the principal sum.

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1₹21,000
2₹15,000✓
3₹18,000
4₹12,000

Correct answer

₹15,000

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A sum is invested at 4% per annum compound interest for 223 years. If the compound interest for the given period is ₹1,656.64, find the principal sum.

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A sum is invested at 4% per annum compound interest for 223 years. If the compound interest for the given period is ₹1,656.64, find the principal sum.

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