ixambee.com
New Enroll in RBI Grade B New Batch - Starts on May 21

    • My Home
      • Dashboard
      • My Account
      • My Courses
      • My Performance
      • Packages
      • Logout
    • youtube Free Videos
      Youtube VideosLive Classes RBI Grade BLive Classes SEBI Grade ALive Classes IBPS PO & RRB
    • Previous Year Paper
    • Exams
    • Online Course
    • Free Mock Test
    • General Awareness
    • Daily Practice
    • All Courses
    • Private Jobs New
    • Testimonials
    ixambee mentorbee
    1. Home
    2. Questions
    3. Quantitative Aptitude
    4. Simple and compound interest
    5. A sum of Rs. 100 is invested at 10% per annum compound interest (compounded annually) for two years.

    Question

    A sum of Rs. 100 is invested at 10% per annum compound

    interest (compounded annually) for two years. How much interest will be received after two years?
    A 20 Correct Answer Incorrect Answer
    B 42 Correct Answer Incorrect Answer
    C 24 Correct Answer Incorrect Answer
    D 21 Correct Answer Incorrect Answer

    Solution

    given -P=100, r= 10%, t =2year Then the use of- A= P[1+r/100] ͭ A=100[1+10/100] ² =100[11/10] ² =100×121/100 A= 121 so now compound interest = A-P =121-100 CI=21 Rs

    Practice Next
      More Simple and compound interest Questions
    • In which year was the Sagarmala Project launched by the Government of India to enhance the performance of the country's logistics sector?

    • Which of these ancient and modern river names are incorrectly paired?

      (Ancient Name of Rivers) (Modern Name of Rivers)

      (I) Vipasa      ...

    • What is the height of the Statue of Unity, honoring Sardar Vallabhbhai Patel?

    • Prathama Bank was sponsored by SBI

    • 'Sohar' is traditionally recognized as which type of cultural expression in Bihar?

    • How much funding did the Coalition for Disaster Resilient Infrastructure (CDRI) announce for urban infrastructure resilience in LMICs and SIDS?

    • Who were called Dastar-e-Bandhan during the Sultanate period?

    • Which of the following metals have the maximum electrical resistivity?

    • Dasht-e Lut Desert is a part of which of the following countries?

    • When is International Day for Monuments and Sites observed annually?

    Please Register/Login to Download Question

    I Pledged to:

    Please Enter Details

    call-back
    Please enter Name We'll never share your email with anyone else.
    Please enter Correct Mobile Number We'll never share your email with anyone else.

    Thank You

    +91-9205524028 Available Mon-Sat (10 AM to 7 PM)

    [email protected]

    © ATOZLEARN EDUTECH PRIVATE LIMITED All rights reserved.

    Update Address

    Please enter complete address
    Please enter pincode
    Please enter State
    Please enter City

    Download the app

    ×
    QR Code
    Get Started with ixamBee

    Start learning 50% faster. Sign in now

    Please enter Mobile Number Please enter valid Mobile Number
    Please enter Mobile Number Please enter valid Mobile Number
    Email id already Exists Please Enter valid Email Address
    Please enter valid OTP Mail sent on your email