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Q: The compound interest earned by Sunil on a certain amount at the end of two years at the rate of 8% p.a. was Rs.2828.80. Find the total amount that Sunil got back at the end of two years in the form of principal plus interest earned  ?

  • 1
    Rs. 11828.80
  • 2
    Rs. 19828.80
  • 3
    Rs. 9828.80
  • 4
    Rs. 19328.80
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Answer : 2. "Rs. 19828.80"
Explanation :

Answer: B) Rs. 19828.80 Explanation: Let the sum be Rs. P P{ 1+81002- 1 } = 2828.80   It is in the form of  a2-b2 = a+ba-b   P(8/100)(2 + 8/100) = 2828.80   P = 2828.80 / (0.08)(2.08)   = 1360/0.08 = 17000   Principal + Interest = Rs. 19828.80

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