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If the interest earned during the 2nd year on a certain sum is ₹1,662, and the rate of interest is 20% per annum compounded annually, then the sum is:
₹6,205
₹7,415
₹7,605
₹6,925
₹6,925
Practice and solve "If the interest earned during the 2nd year on a certain sum is ₹1,662, and the rate of interest is 2..." for Part 2 Numerical Ability - CIL MT Civil 2026. The correct answer is Option D: ₹6,925. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "If the interest earned during the 2nd year on a certain sum is ₹1,662, and the rate of interest is 2..." for Part 2 Numerical Ability - CIL MT Civil 2026. The correct answer is Option D: ₹6,925. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
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