A certain sum amounts to Rs. 34400 in 6 years and to Rs. 24800 in 2 years at simple interest. The same sum will amount to Rs. X in \(2\frac{2}{3}\) years at the same rate, when the interest is compounded yearly. What is the value of x (nearest to a whole number)?

A certain sum amounts to Rs. 34400 in 6 years and to Rs. 24800 in 2 ye

1.	A certain sum amounts to Rs. 34400 in 6 years and to Rs. 24800 in 2 years at simple interest. The same sum will amount to Rs. X in \(2\frac{2}{3}\) years at the same rate, when the interest is compounded yearly. What is the value of x (nearest to a whole number)?
A.	Rs. 27095
B.	Rs. 25088
C.	Rs. 26690
D.	Rs. 26593
Answer» B. Rs. 25088

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A certain sum amounts to Rs. 34400 in 6 years and to Rs. 24800 in 2 years at simple interest. The same sum will amount to Rs. X in \(2\frac{2}{3}\) years at the same rate, when the interest is compounded yearly. What is the value of x (nearest to a whole number)?

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