The amount on Rs 25000 in 2 years at annually compound interest If the rates for the successive year...........

Quantitative Aptitude ( CCS) Compound Interest

The amount on Rs. 25000 in 2 years at annually compound interest. If the rates for the successive years be 4% and 5% per annum respectively is

Rs.26800

Rs.27300

Rs.28500

Rs.30000

→ Principal Amt. = Rs. 25000
→ Time = 2 years
→ R1 = 4% , R2 = 5% Annually
→ 4% = 1/25, 5% = 1/20
P.A. Amount
25 26
20 21
500 546

*50 *50
25000 27300

So amount will be Rs. 27300 after 2 years

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