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SSC Sample Paper Mock Test-19 SSC CGL Tear-II Paper-1

  • question_answer
    What sum of money will become Rs. 1352 in 2yr at 4% per annum compound interest?

    A) Rs. 1200

    B)  Rs. 1225

    C)  Rs. 1250

    D)  Rs. 1300

    Correct Answer: C

    Solution :

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


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