The compound interest on a sum for the 2nd year is ₹1,320 and for the 3rd year is ₹1,452. What is the sum?

A. ₹12,000

B. ₹11,000

C. ₹13,200

D. ₹12,100

Doubtly AI Asked 27 Oct 2026 AI-generated · not yet verified ssc cgl Save WhatsApp Report

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Answer: A. ₹12,000

Answer: (A) ₹12,000

Rate = \(\frac{1452 - 1320}{1320} \times 100 = 10\%\).

2nd-year interest = P × 1.1 × 0.1 = 0.11P = 1320, so P = ₹12,000.

Doubtly AI · 27 Oct 2026 AI-generated · not yet verified Report

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