A sum of ₹x amounts to ₹10580 in 2 years at 15% per annum. The value of x is:
Answer & explanation
Correct answer: option 3
15% = \(\frac{3}{20}\)
Amount = 400 + 129 = 529
ATQ,
529R = 10580
1R = 20
Therefore, x = 400R = 400 × 20 = 8000
A sum of ₹x amounts to ₹10580 in 2 years at 15% per annum. The value of x is:
Correct answer: option 3
15% = \(\frac{3}{20}\)
Amount = 400 + 129 = 529
ATQ,
529R = 10580
1R = 20
Therefore, x = 400R = 400 × 20 = 8000