CHSL 21 10-06-2022 Shift 1


Question 1

A sum of money is invested at a rate of compounded interest that is paid out yearly. In the first two years, the interest was ₹400 and ₹420 respectively.The sum is:
एक राशि चक्रवृद्धि ब्याज की दर से निवेश की जाती है जिसका भुगतान वार्षिक रूप से किया जाता है। पहले दो वर्षों में, ब्याज ₹400 और ₹420 था। राशि क्या है?

Options

A

₹8,765

₹8,765

B

₹7,500

₹7,500

C

₹8,000

₹8,000

D

₹9,530

₹9,530


Solution:

Correct Answer:

C

₹8,000

₹8,000


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