If ₹ 2,470 is obtained as an interest in 4 years and 4 months at the rate of 3% per annum simple interest rate in bank deposit, how much amount was…
CA Foundation · Quantitative Aptitude · PYQS · September 2025
If ₹ 2,470 is obtained as an interest in 4 years and 4 months at the rate of 3% per annum simple interest rate in bank deposit, how much amount was deposited in ₹?
Suggested Answer and Working Notes:
Correct Answer: Option (C)
C. 19,000
Topics: Part-A: Business Mathematics
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