The compound interest earned on a sum in 3 years at 15% per annum compounded annually is INR 6500. 52. What is the sum

  • INR 12480/-
  • INR 10500/-
  • INR 14800/-
  • INR 13620/-
  • None of these
  • Explanation:

    Let the sum = INR P

    According to question, 

    6500.52 = P [(1+15/100)3-1]

    6500.52/0.520875 = P

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The compound interest earned on a sum in 3 years at 15% per annum compounded annually is INR 6500. 5
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