Mathematics · Compound Interest
The amount received on a certain sum at the same annual rate of compound interest (compounded annually) after 3 years and 5 years is Rs. 5324 and Rs. 6442.04 respectively. What is that principal sum?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 5000
- 2Rs. 4200
- 3Rs. 4000✓
- 4Rs. 4800
Correct answer
Rs. 4000
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