Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Compound Interest

Question:

A person invested a sum of money on compound interest. The value of his investment increased by 12% and 9% in 1st year and 2nd year respectively. If value of investment after two years became Rs. 97664, then half of investment is?

Options:

80000

40000

60000

30000

Correct Answer:

40000

Explanation: