Multiple Choice Questions on Aswin invested an amount of Rs 9000 in a fixed deposit scheme for 2 years at CI rate 6 pa How much a........... for Punjab Government (Allied) Exams Preparation

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Multiple Choice Questions

Aswin invested an amount of Rs 9000 in a fixed deposit scheme for 2 years at CI rate 6 pa How much a...........

Quantitative Aptitude (Punjab Allied ) Compound Interest
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    Aswin invested an amount of Rs.9000 in a fixed deposit scheme for 2 years at CI rate 6% pa. How much amount will Aswin get on maturity of the fixed amount ?

    Rs.11,230

    Incorrect Answer

    Rs.10,250

    Incorrect Answer

    Rs.10,112

    Correct Answer

    Data inadequate

    Incorrect Answer
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    Explanation:

    Amount = 9000*106/100*106/100
    = 9000*53/50*53/50
    = 10,112

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