Question 124

On what sum of money will the for 3 years at 5% per annum to Rs. 630.50.

Solution

$$ P (1 + .05) ^ {3}$$ - P= 630.5

Solving for P, we get P = 4000

Share on Whatsapp Share on Whatsapp

Create a FREE account and get:

Download RRB Study Material PDF
45+ RRB previous papers with solutions PDF
300+ Online RRB Tests for Free

Follow us on

Boost your Prep!

Download App