Multiple Choice Questions on Find the present worth of Rs 9261 due 3 years hence at 5 per annum compounded yearly ........ for Mathematics - All Exams Preparation

Back to Main Page

Multiple Choice Questions

Find the present worth of Rs 9261 due 3 years hence at 5 per annum compounded yearly ........

Quantitative Aptitude ( CCS) Compound Interest
    Download Solution PDF

    Find the present worth of Rs. 9261 due 3 years hence at 5% per annum compounded yearly.

    Rs. 7000

    Incorrect Answer

    Rs. 8000

    Correct Answer

    Rs. 9000

    Incorrect Answer

    None of these

    Incorrect Answer
    छोटे Courses बड़े Results
    Master Compound Interest
    Prepare through Micro-courses
    Try Now
    Explanation:

    Given, Amount = Rs. 9261, R = 5% per annum, n = 3 years
    9261 = P

    1 + 5

    100

    3    =   
    21

    20    		 3

     P = 9261

    20

    21    		 3

    = Rs. 8000

    Hence, option 2 is the correct answer.

    By: Amit Kumar
    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