Parveen invested a sum of money at compound interest. It amounted to Rs.2420 in 2 years and to Rs.2662 in 3 years. Find the sum and the rate percent per annum.

Review the verified answer and explanation for this Punjab Highway Patrol (PHP) past-paper question on CampusFin.

Parveen invested a sum of money at compound interest. It amounted to Rs.2420 in 2 years and to Rs.2662 in 3 years. Find the sum and the rate percent per annum. Answer: Rs.2000 and 10%

Question context

This question is part of 📏 Arithmetic Aptitude within the broader 🧠 Aptitude Mastery subject and appears in the Punjab Highway Patrol (PHP) preparation collection. Reviewing the answer together with nearby questions helps reinforce the underlying concept and identify how it may appear in competitive exams.