Mr. A invested ₹ 20,000 in a bank at the rate of 4.5% p.a. He received ₹ 27,500 after end of term. Find out the period ?
CA Foundation · Quantitative Aptitude · PYQS · January 2025
Mr. A invested ₹ 20,000 in a bank at the rate of 4.5% p.a. He received ₹ 27,500 after end of term. Find out the period ?
Suggested Answer and Working Notes:
Correct Answer: Option (A)
A. 8.34 Yrs
Topics: Part-A: Business Mathematics
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