2022 June Business Mathematics and Logical reasoning and Statistics

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Question : 15 of 100

Marks: +1, -0

An amount

P

becomes Rs.

5,100.5

and Rs. 5,203 after second and fourth years respectively, at

r \;\%

of interst per annum compounded annually. Thus, values of

P

and

r

are

Rs. 5,000 and 1
Rs. 4,000 and 1
Rs. 6,000 and 2
Rs. 5,500 and 3

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