A) Rs. 2500
B) Rs. 2400
C) Rs. 2600
D) Rs. 625
Correct Answer: D
Solution :
We know that the SI and CI on a certain sum of money for 2 yr at r% per annum is Rs. x, then \[P=x{{\left( \frac{100}{r} \right)}^{2}}\] Here \[x=Rs.\,1,\] \[r=4%\] \[\therefore \] \[P={{\left( \frac{100}{4} \right)}^{2}}={{(25)}^{2}}=Rs.\,625\]You need to login to perform this action.
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