Multiple choice

The compound interest on any sum at the rate of 5% for two years is Rs.553.50. Find the sum. किसी राशि पर 5% प्रति वर्ष की दर से 2 वर्ष का चक्रवृद्धि ब्याज 553.50 रू. है। मूल धनराशि क्या होगी?

  1. Rs.5400

  2. Rs.5200

  3. Rs.5000

  4. Rs.4900
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A Correct answer
Explanation

Using CI formula: CI = P(1 + r/100)² - P = P[(1.05)² - 1] = P(1.1025 - 1) = P(0.1025) = 553.50. So P = 553.50/0.1025 = 5400. Compound interest for 2 years at 5% gives 10.25% total interest.

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