Mathematics
NULL
Medium
Question
The difference between CI (annual) and SI for 2 years at 20% p.a. is Rs.144. Find the principal.
A
Rs.3000
B
Rs.3300
C
Rs.3600
✓ Official correct answer
D
Rs.3900
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A
Rs.3000
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B
Rs.3300
No member explanations yet for this option.
C
Rs.3600
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D
Rs.3900
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Explanation
Difference = P(20/100)² = 144 ⇒ P × 0.04 = 144 ⇒ P = Rs.3600.