Question 63

The amounts of ₹ 7500 at compound interest at 4% per annum for 2 years,is:

Solution

Amount=$$P(1+\frac{R}{100})^{n}$$
=$$7500(1+\frac{4}{100})^{2}$$
=8*26*26
=Rs 8112

Share on Whatsapp Share on Whatsapp

Create a FREE account and get:

Free SSC Study Material - 18000 Questions
230+ SSC previous papers with solutions PDF
100+ SSC Online Tests for Free

Follow us on

Boost your Prep!

Download App