A certain sum amounts to Rs. 4,205.55 at 15% p.a. in $$2\frac{2}{5}$$ years, interest compounded yearly. The sum is:
A. Rs. 2,700
B. Rs. 3,000
C. Rs. 3,500
D. Rs. 3,200
Answer: Option B
Related Questions on Compound Interest
A. Rs. 120
B. Rs. 121
C. Rs. 122
D. Rs. 123
E. None of these
A. 625
B. 630
C. 640
D. 650
E. None of these
A. Rs. 2160
B. Rs. 3120
C. Rs. 3972
D. Rs. 6240
E. None of these
A. Rs. 2.04
B. Rs. 3.06
C. Rs. 4.80
D. Rs. 8.30
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