Multiple Choice Questions on The present of Rs 169 due in 2years at 4 per annum compound interest is ........ for Mathematics - All Exams Preparation

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Multiple Choice Questions

The present of Rs 169 due in 2years at 4 per annum compound interest is ........

Quant (SSC) Simple Interest
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    The present of Rs.169 due in 2years at 4% per annum compound interest is

    Rs.150.50

    Incorrect Answer

    Rs.154.75

    Incorrect Answer

    Rs.156.25

    Correct Answer

    Rs.158

    Incorrect Answer
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    Explanation:

    Present worth = 169/(1+4/100)^n = 156.25

    By: MIRZA SADDAM HUSSAIN
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