A certain sum of money becomes Rs.880 in two years at 5% rate of simple interest. If the same sum is put on compound i

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Q 2247612583.     A certain sum of money becomes Rs.880 in two years at 5%
rate of simple interest. If the same sum is put on compound
interest for the same period and at the same rate of interest,
what will be the compound interest?
IBPS-CLERK 2017 Mock Prelims
A

Rs.881

B

Rs.882

C

Rs.883

D

Rs.884

E

None of these

HINT


Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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