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?
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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