Multiple Choice Questions on The principal that amount to Rs 4913 in 3 years at 6 1 4 per annum compound interest compounded annu........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

The principal that amount to Rs 4913 in 3 years at 6 1 4 per annum compound interest compounded annu...........

Quantitative Aptitude ( CCS) Compound Interest
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    The principal that amount to Rs. 4913 in 3 years at 6 1/4 per annum compound interest compounded annually is

    Rs. 4096

    Correct Answer

    Rs. 4085

    Incorrect Answer

    Rs. 4076

    Incorrect Answer

    Rs. 3096

    Incorrect Answer
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    Explanation:

    principal = A=4913, T=3, R=4 1/3

    P = A/(1+R100)/T

     = Rs.4096

    Hence, option 1 is the correct answer.

    By: Amit Kumar
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