Question

A sum becomes Rs. 3136 after 2 years at 12% per annum compounded annually. The
sumis
(A) Rs. 2000
(B) Rs. 2500
(C) Rs. 3000
(D) Rs 3500​

Answer 1

answer

₹ 2500

Step-by-step explanation:

P( 1+12/100)^2=3136

P× (28/25)^2 = 3136

P = 3136× 25× 25/ (28 × 28) = ₹ 2500

Answer 2

Answer:

2500

Step-by-step explanation:

P( 1+12/100)^2=3136

P× (28/25)^2 = 3136

P = 3136× 25× 25/ (28 × 28) = ₹ 2500