What is the compound interest earned at the end of 3 years?
I. Simple interest earned on that amount at the same rate and for the same period is Rs. 4500.
II.The rate of interest is 10 p.c.p.a.
III.Compound interest for 3 years is more than the simple interest for that period by Rs.465.
A) I and II only
B) II and III only
C) I and III only
D) Either II or III only
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Answered by
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What is the compound interest earned at the end of 3 years?
I. Simple interest earned on that amount at the same rate and for the same period is Rs. 4500.
II.The rate of interest is 10 p.c.p.a.
III.Compound interest for 3 years is more than the simple interest for that period by Rs.465.
A) I and II only
B) II and III only
C) I and III only
D) Either II or III only✔️✔️
I. Simple interest earned on that amount at the same rate and for the same period is Rs. 4500.
II.The rate of interest is 10 p.c.p.a.
III.Compound interest for 3 years is more than the simple interest for that period by Rs.465.
A) I and II only
B) II and III only
C) I and III only
D) Either II or III only✔️✔️
Answered by
8
What is the compound interest earned at the end of 3 years?
I. Simple interest earned on that amount at the same rate and for the same period is Rs. 4500.
II.The rate of interest is 10 p.c.p.a.
III.Compound interest for 3 years is more than the simple interest for that period by Rs.465.
A) I and II only
B) II and III only
C) I and III only
D) Either II or III only←←
I. Simple interest earned on that amount at the same rate and for the same period is Rs. 4500.
II.The rate of interest is 10 p.c.p.a.
III.Compound interest for 3 years is more than the simple interest for that period by Rs.465.
A) I and II only
B) II and III only
C) I and III only
D) Either II or III only←←
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