Multiple Choice Questions on Mr Prabhat borrowed Rs 8000 at 5 per annum compound interest The compound interest compounded annual........... for RRB(NTPC) Exam Preparation

Back to Main Page

Multiple Choice Questions

Mr Prabhat borrowed Rs 8000 at 5 per annum compound interest The compound interest compounded annual...........

Quantitative Aptitude (RRB NTPC) Compound Interest
    Download Solution PDF

    Mr. Prabhat borrowed Rs. 8000 at 5% per annum compound interest. The compound interest compounded annually for 2 years is :

    Rs.820

    Correct Answer

    Rs.8820

    Incorrect Answer

    Rs.8802

    Incorrect Answer

    Rs.802

    Incorrect Answer
    छोटे Courses बड़े Results
    Master Compound Interest
    Prepare through Micro-courses
    Try Now
    Explanation:
    Principal=P=8000 Rs.
    Interest rate=r=5% p.a.
    Time=t=2 year
    Compound interest=8000(105/100)^2-8000=8820-8000=820

    By: Barka Mirza
    ProfileResources

    Let's Discuss

    Master
    Compound Interest
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Review on us
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free