Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Compound Interest

Question:

A sum of money becomes Rs. 4500 after two years and becomes Rs. 6750 after 4 years at compound interest. The sum is:

Options:

Rs. 4000

Rs. 2500

Rs. 3000

Rs. 3050

Correct Answer:

Rs. 3000

Explanation:

           Principal     :       2 yes.         :            4 yrs.

                                     4500           :           6750

                                        2             :              3

                2          :           3           ↵

                ⇓                       ⇓× 1500

                ⇓× 1500         4500 (given)

            3000/-