Multiple Choice Questions on What sum invested for 2 years at 12 compounded annually will grow to Rs 4390 40 hellip ........ for Mathematics - All Exams Preparation

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Multiple Choice Questions

What sum invested for 2 years at 12 compounded annually will grow to Rs 4390 40 hellip ........

Quantitative Aptitude ( CCS) Compound Interest
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    What sum invested for 2 years at 12% compounded annually will grow to Rs. 4390.40…..

    4000

    Incorrect Answer

    3875

    Incorrect Answer

    3800

    Incorrect Answer

    3500

    Correct Answer
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    Explanation:

    P(1+ R)^T = Amount
           100

    P (1+12)^2= 4390.40
            100

    P (112)^2 = 4390.40
          100
    P = 43904000= 3500.
            112 x 112

    By: Amit Kumar
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