A certain sum invested at compound interest amounts to Rs. 19965 at 10% p.a. in 3 years. The same sum will amount to Rs.x at the same rate in \(2\frac{2}{5}\) years. If the interest is compounded yearly in both the cases, what is the value of x?

A certain sum invested at compound interest amounts to Rs. 19965 at 10

1.	A certain sum invested at compound interest amounts to Rs. 19965 at 10% p.a. in 3 years. The same sum will amount to Rs.x at the same rate in \(2\frac{2}{5}\) years. If the interest is compounded yearly in both the cases, what is the value of x?
A.	18867
B.	18768
C.	18876
D.	18855
Answer» D. 18855

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A certain sum invested at compound interest amounts to Rs. 19965 at 10% p.a. in 3 years. The same sum will amount to Rs.x at the same rate in \(2\frac{2}{5}\) years. If the interest is compounded yearly in both the cases, what is the value of x?

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