A sum of money with compound interest becomes Rs. 2,400 in one year and Rs. 3,000 in two years. Find out the principal amount.

A sum of money with compound interest becomes Rs. 2,400 in one year an

1.	A sum of money with compound interest becomes Rs. 2,400 in one year and Rs. 3,000 in two years. Find out the principal amount.
A.	Rs. 1,900
B.	Rs. 1,910
C.	Rs. 1,915
D.	Rs. 1,920
Answer» E.

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A sum of money with compound interest becomes Rs. 2,400 in one year and Rs. 3,000 in two years. Find out the principal amount.

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