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Directions(Q.21 to Q.30 ):


Difference of the compound interest received in first year and second year at 20% per annum at CI is Rs 1200 then find the sum?

a

Rs 25,000

b

Rs 36,000

c

Rs 35,000

d

Rs 24,000

e

Rs 30,000

Answer : Option E
Explanation :

Let the sum be Rs 100x

CI in first year= Rs 20x

CI in two years= 44% of 100x= Rs 44x

CI in 2nd year= 44x-20x= Rs 24x

ATQ

24x-20x=1200

x=300

Required sum=Rs 30,000

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