Mathematics · Compound Interest
The compound interest on a certain sum for the second year and third year are ₹3,960 and ₹4,356, respectively, at the same rate percent per annum, compounded yearly. The sum (in ₹) and the rate of interest (p.a.) are, respectively:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 145,000 and 9%
- 242,000 and 9%
- 336,000 and 10%✓
- 430,000 and 10%
Correct answer
36,000 and 10%
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