Question
A sum of ₹10000 is invested at compound interest for 2
years. If the interest rate is 5% per annum, what is the total amount after 2 years?Solution
Formula for compound interest: A = P(1 + r/100)² Where P = ₹10000, r = 5%, and n = 2 years A = 10000(1 + 5/100)² = 10000(1.05)² = 10000 × 1.1025 = ₹11025 Correct Option: b
Simplify the following expression -:
120 + 480 ÷ 16 × 6 + {(240 ÷ 2.5) × 5 + 120} ÷ 5
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The equation of a hyperbola whose conjugate axis equals its transverse axis is:
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