Mathematics · Compound Interest
A sum of money invested at compound interest, compounded annually, amounts to Rs. 30,250 in 2 years and Rs. 33,275 in 3 years. Find the principal sum.
- 1Rs. 23,000
- 2Rs. 26,000
- 3Rs. 24,000
- 4Rs. 25,000✓
Correct answer
Rs. 25,000
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