Q1. Multiple choice question. (i) Formula for compound interest is:. (a) A+P (b) A-P (c) A/P (d) None of these. (ii) If the interest is compounded half yearly then the time period becomes. (a) double (b) half (c) thrice (d) twice. (iii) Percentage means. (a) hundred (b) hundredth (c) thousand (d) both a and b. (iv) profit or loss is always calculated on. (a) CP ( b) SP (c) Discount (d) Both a and b. (v) x° is. (a) 0 (b) 1 (c) -1 (d) 5.
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1) b
2) a
3) a
4) b
5) b
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