Multiple choice

What sum of money at compound interest will amount to Rs. 4781.70 in three years if the rate of interest is 5% for the first year, 10% for the second year and 15% for the third year? किसी निश्चित राशि पर तीन वर्षो के बाद चक्रवृद्धि ब्याज की दर से 4781.70 रु. प्राप्त होते है। यदि प्रथम वर्ष ब्याज दर 5%,दूसरे वर्ष 10% और तीसरे वर्ष 15% हो तो राशि क्या थी ?

  1. 3280

  2. 3450

  3. 3600

  4. 3720

  5. None of these इनमें से कोई नहीं

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

Work backwards from final amount. After 3rd year at 15%: Amount/1.15. After 2nd year at 10%: Amount/(1.15×1.1). After 1st year at 5%: Amount/(1.15×1.1×1.05) = 4781.70/1.33575 = 3600. This is the principal amount.