Question
Quantitative Aptitude Question on Compound Interest
A sum of money lent on compound interest amounts to ₹968 in 2 years at 10% per annum interest compounded annually. find the sum.
A
Rs 827
B
Rs 845
C
Rs 800
D
RS 889
Answer
Rs 800
Explanation
Solution
The correct answer is (C) : Rs 800.