Mathematics for FinanceMTP Dec 22Question 1374 of 479
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The Difference between the CI and SI for 2\displaystyle 2 years is 21\displaystyle 21. If the rate of interest is 5%\displaystyle 5\%, the final principal is:

Options

A8,200\displaystyle 8,200
B4,800\displaystyle 4,800
C8,000\displaystyle 8,000
D8,400\displaystyle 8,400
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Correct Answer

Option d8,400\displaystyle 8,400

All Options:

  • A8,200\displaystyle 8,200
  • B4,800\displaystyle 4,800
  • C8,000\displaystyle 8,000
  • D8,400\displaystyle 8,400

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