Mathematics
A sum of money, lent out at 10% C.I. compounded yearly becomes ₹ 6050 in 2 years. The sum lent is :
₹ 7260
₹ 4000
₹ 5000
₹ 7320.50
Related Questions
Compound interest on ₹ 6000 in 2 years at 5% per annum is :
₹ 615
₹ 630
₹ 600
₹ 690
On a certain sum, the compound interest accrued in one year is ₹ 550. If the rate of interest is 10%, the sum is :
₹ 5000
₹ 6000
₹ 4500
₹ 5500
₹ 4000 amounts to ₹ 4600 in one year at compound interest compounded yearly. The rate of interest is :
15%
12%
10%
20%