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 |
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