Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Compound Interest

Question:

A sum of money becomes Rs.840 after three years and becomes Rs.960 after 4 years at compound interest. The sum is:

Options:

700

715

735

750

Correct Answer:

735

Explanation:

           Principal     :       3 yrs.         :            4 yrs.

                                      840           :            960

                                        7             :              8

                7         :            8           ↵

                ⇓                       ⇓× 105

                ⇓× 105          840 (given)

            735/-