railway RRB JE (CBT I + CBT II) Mock Test 2024 Quantitative Aptitude Interest Compound Interest

A certain sum of money invested at compound interest, compounded annually, amounts to Rs. 338 at the rate of 4% per annum for 2 years.  Find the sum.

1
Rs. 320
2
Rs. 315
3
Rs. 318.52
4
Rs. 312.50
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