Multiple Choice Questions on The Simple interest on a certain sum for 2 years at 10 per annum is Rs 90 The corresponding compound........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

The Simple interest on a certain sum for 2 years at 10 per annum is Rs 90 The corresponding compound...........

Quantitative Aptitude ( CCS) Compound Interest
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    The Simple interest on a certain sum for 2 years at 10% per annum is Rs. 90. The corresponding compound interest is

    97

    Incorrect Answer

    90

    Incorrect Answer

    94.50

    Correct Answer

    100

    Incorrect Answer
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    Explanation:

    Sum =       100 x90 = Rs. 450
                         2 x 10
    C.I. = Rs.450 x (1+10)^ 2 – 450 /100 = Rs.94.50
     

    By: Amit Kumar
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