A sum of money fetches `rs 408` as compound interest at the rate of `4%` per annum at the end of `2` yr. What is the su

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Q 2223491341.     A sum of money fetches `rs 408` as compound interest at the
rate of `4%` per annum at the end of `2` yr. What is the sum?
IBPS-CLERK 2017 Mock Prelims
A

`rs 6000`

B

`rs 5000

C

`rs 4000`

D

Cannot be determined

E

None of these

HINT


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

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