Arithmeticmedium · Past Paper

Find the principal which amounts to Rs. 4410 in 2 years at 5% CI.

ARs. 4000
BRs. 4200
CRs. 3800
DRs. 3900

✓ Correct Answer: ARs. 4000

4410 = P(1.05)^2 => P = 4410 / 1.1025 = 4000.

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