Mathematics
NULL
Medium
Question
What sum lent at 5% p.a. CI will amount to Rs.441 in 2 years?
A
Rs.420
B
Rs.400
✓ Official correct answer
C
Rs.375
D
Rs.380
Community credibility
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A
Rs.420
No member explanations yet for this option.
B
Rs.400
No member explanations yet for this option.
C
Rs.375
No member explanations yet for this option.
D
Rs.380
No member explanations yet for this option.
Explanation
P × (1.05)² = 441 ⇒ P = 441 / 1.1025 = Rs.400.