The compound interest of second year on a sum at the rate of \(16\frac{2 }{3}\) % p.a. is Rs. 700. Find the sum.
Answer & explanation
Correct answer: option 2
The compound interest of second year on a sum at the rate of \(16\frac{2 }{3}\) % p.a. is Rs. 700. Find the sum.
Correct answer: option 2