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The sum for 2 years gives a compound interest of Rs. 3225 at the rate of 15% per annum. The sum is
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- Rs. 10000
- Rs. 20000
- Rs. 15000
- Rs. 32250
Correct Option: A
Given that , Principal ( P ) = ? , Compound Interest ( CI ) = Rs. 3225 , Rate ( R ) = 15% , Time = 2 years
Using the given formula ,
C.I. = P | ![]() | ![]() | 1 + | ![]() | T | − 1 | ![]() | |
100 |
⇒ 3225 = P | ![]() | ![]() | 1 + | ![]() | 2 | − 1 | ![]() | |
100 |
⇒ 3225 = P | ![]() | ![]() | 1 + | ![]() | 2 | − 1 | ![]() | |
20 |
⇒ 3225 = P | ![]() | ![]() | ![]() | 2 | − 1 | ![]() | |
20 |
⇒ 3225 = P | ![]() | − 1 | ![]() | |
400 |
⇒ 3225 = P | ![]() | ![]() | |
400 |
⇒ 3225 = P × | |
400 |
⇒ P = | = Rs. 10000 | |
129 |