A certain sum of money invested at compound interest, compounded annually, amounts to Rs. 338 at the rate of 4% per annum for 2 years. Find the sum.

A certain sum of money invested at compound interest, compounded annua

1.	A certain sum of money invested at compound interest, compounded annually, amounts to Rs. 338 at the rate of 4% per annum for 2 years. Find the sum.
A.	Rs. 320
B.	Rs. 315
C.	Rs. 318.52
D.	Rs. 312.50
Answer» E.

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A certain sum of money invested at compound interest, compounded annually, amounts to Rs. 338 at the rate of 4% per annum for 2 years. Find the sum.

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