Question:
A sum invested at compound interest amounts to ₹8,800 in 1 year and to ₹10,648 in 3 years. Calculate the rate percent and the sum.
A sum invested at compound interest amounts to ₹8,800 in 1 year and to ₹10,648 in 3 years. Calculate the rate percent and the sum.
Updated On: Sep 3, 2024
- 10 and ₹ 8,000
- 12 and ₹ 5,000
- 10 and ₹ 6,000
- 12 and ₹ 8,000
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The Correct Option is A
Solution and Explanation
The correct option is (A) : 10 and ₹ 8,000.
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The Story of Coffee
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