A) Rs. 320
B) Rs. 322
C) Rs. 325
D) Rs. 326
Correct Answer: A
Solution :
\[CI=P\left[ {{\left( 1+\frac{R}{100} \right)}^{T}}-1 \right]\] \[\Rightarrow \] \[328=P\left[ {{\left( 1+\frac{5}{100} \right)}^{2}}-1 \right]\] \[\Rightarrow \] \[328=P\left[ \left( \frac{21\times 21}{400} \right)-1 \right]\] \[\Rightarrow \] \[328=P\left[ \frac{441-400}{400} \right]\] \[\Rightarrow \] \[P=\frac{328\times 400}{41}=Rs.\,3200\] Now, \[I=\frac{PRT}{100}\] \[=\frac{3200\times 5\times 2}{100}=Rs.\,320\]You need to login to perform this action.
You will be redirected in
3 sec