A sum of money amounts to ₹ $6655$ at the rate of $10 \%$ compounded annually for $3$ years. The sum of money is (In ₹) 

  • A

    $5000$

  • B

    $5500$

  • C

    $6000$

  • D

    $6100$

Similar Questions

The least number of completed years in which a sum of money put out at $20 \%$ $C.I.$ will be more than doubled is

A sum of ₹ $12,000$ deposited at compound interest becomes double after $5$ years. After $20$ years, it will become (In ₹) 

An amount of money at compound interest grows up to ₹ $3,840$ in $4$ years and up to ₹ $3,936$ in $5$ years. Find the rate of interest (In $\%$) 

On a sum of money, the simple interest for $2$ $years$ is ₹ $660$, while the compound interest is ₹ $696.30$, the rate of interest being the same in both the cases. The rate of interest (In $\%$) is

A bank offers $5 \%$ compound interest calculated on half-yearly basis. A customer deposits ₹ $1600$ each on $1^{st}$ January and $1^{st}$ July of a year. At the end of the year, the amount (In ₹) he would have gained by way of interest is