Multiple Choice Questions on he sum for 2 years gives a compound interest of Rs 3225 at 15 rate Then sum is ........ for SSC CGL Exam Preparation

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Multiple Choice Questions

he sum for 2 years gives a compound interest of Rs 3225 at 15 rate Then sum is ........

Quantitative Aptitude (CGL) Compound Interest
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    he sum for 2 years gives a compound interest of Rs 3225 at 15% rate. Then sum is

    10000

    Correct Answer

    20000

    Incorrect Answer

    15000

    Incorrect Answer

    32250

    Incorrect Answer
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    Explanation:

    Interest for 2 years at rate of 15 % 
    =15+15+15×15/100=32.25
    According to question
    32.25 %=3225
    100 %=3225/32.25×100
    =100×100=10,000

    By: MIRZA SADDAM HUSSAIN
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