A certain sum of money amounts to Rs 1008 in 2 years and to Rs 1164 in 3 ½ years. Find the sum and the rate of interest.
A. 800, 19%
B. 800, 14%
C. 800, 13%
D. 800, 12%
Answer:C
A certain sum of money amounts to Rs 1008 in 2 years and to Rs 1164 in 3 ½ years. Find the sum and the rate of interest.
A. 800, 19% B. 800, 14% C. 800, 13% D. 800, 12%