SSC Sample Paper Mock Test-17 SSC CGL Tear-II Paper-1

  • question_answer
    A sum becomes Rs. 1352 m 2 yr at 4% per annum compound interest. The sum is

    A) Rs. 1225

    B)  Rs. 1270

    C)  Rs. 1245

    D)  Rs. 1250

    Correct Answer: D

    Solution :

    Let the sum be Rs. x. \[\therefore \]      \[1352=x{{\left( 1+\frac{4}{100} \right)}^{2}}\] \[\Rightarrow \]   \[1352=x{{\left( 1+\frac{1}{25} \right)}^{2}}\]\[\Rightarrow \]\[1352=x{{\left( \frac{26}{25} \right)}^{2}}\] \[\Rightarrow \]   \[x=\frac{1352\times 25\times 25}{26\times 26}\] = Rs. 1250


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