A certain sum of amounts to Rs 5832 in 2 years...

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A certain sum of amounts to Rs. 5832 in 2 years at 8% per annum compound interest, the sum is = ?

A. Rs. 5000

B. Rs. 5200

C. Rs. 5280

D. Rs. 5400

Answer: Option A

Solution(By Examveda Team)

$${\text{Rate 8% = }}\frac{2}{{25}}$$

Principal	Amount
25	27
25	27
625	729
↓ × 8	↓ × 8
5000	5832

Hence required sum = Rs. 5000

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