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Saurav deposited a certain sum of money at the rate of 20% per annum, compounded annually. At the end of 2 years, the total amount received was ₹70,164. What was the sum of money deposited by Saurav?
₹48,931
₹48,606
₹48,725
₹48,407
₹48,725
Practice and solve "Saurav deposited a certain sum of money at the rate of 20% per annum, compounded annually. At the en..." for General Intelligence and Reasoning - Previous Year Paper 2026. The correct answer is Option C: ₹48,725. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "Saurav deposited a certain sum of money at the rate of 20% per annum, compounded annually. At the en..." for General Intelligence and Reasoning - Previous Year Paper 2026. The correct answer is Option C: ₹48,725. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.