Question 63

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

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

Was this solution helpful?

Get AI Help

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

Join CAT 2026 course by 5-Time CAT 100%iler

Start your IIM journey with the right preparation and crack CAT 2026.

Ask AI