Leena invests an undisclosed sum in compound interest at 15% per annum, compounded quarterly for one year. If the compound interest accrued is Rs.1600, calculate the initial amount invested by Leena.

1
 Rs.10600
2
 Rs.10500
3
 Rs.11000
4
 Rs.11500
5
 Rs.10050

Sponsored

hivanix.in

Visit

This quiz is brought to you by hivanix.in

🌐 Web App Development

Quick Navigation