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  9. Q3167

RRB Junior Engineer / DMS / CMA 2019 · Question 3167 of 3719

A certain sum of money amounts to Rs.2420 in two years and Rs.2662 in three years at some rate of Compound Interest, compounded annually. Find the sum and the rate of interest per annum.

  1. ARs.1000 and 12%
  2. BRs.2500 and 5%
  3. CRs.2250 and 15%
  4. DRs.2000 and 10%Correct

Answer: D. Rs.2000 and 10%

Official answer key verified. Detailed explanation coming soon.

Source: RRB JE 2019 CBT-1 (31-May-2019 Shift 2) — cracku.in solved paper with answer key · reliable-secondary

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