Multiple choice

A sum become Rs. 3240 in 3 year at certain rate of compound interest and same sum of money become Rs. 3888 in 4 year at same rate of compound interest find the principle? एक धनराशि चक्रवृद्धि ब्याज की दर से 3 वर्षो में 3240 रू. हो जाती है। वही धनराशि 4 वर्षों में उसी ब्याज की दर से 3888 रू. हो जाती है। मूलधन ज्ञात कीजिए।

  1. 1275

  2. 1800

  3. 2820

  4. 1875

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Ratio of amounts after consecutive years gives the rate: 3888/3240 = 1.2, so 1+r = 1.2, r = 20%. Then P(1.2)^3 = 3240, so P = 3240/1.728 = Rs. 1875.