Question
The compound interest of ₹6,000 in two years, if the
rate of interest is 2.5% per annum for the first year and 2% per annum for the second year, will be:Solution
Rate of CI for 2 years =2.5+2+(2.5×2)/100 =4.5+0.05 =4.55% CI =6000×4.55/100 =6000×455/10000 =273 Rs.
More Previous year papers Questions
The germination of seeds while still on the mother plants is known as ____
What is the premium for Kharif crops in PMFBY?
What is the average crop duration for banana before harvest?
Which plant hormone is responsible for cell elongation in fruits ?
The strategy of using as many out lets as possible is called
The stickiness in rice is due to ____
Which process involves the removal of sodium ions from soil?
Among the following, which is not a breed of goat?
Which of the following is the latest addition to the list of essential nutrients?
The term ‘mixed farming’ refers to:
