Multiple choice

The amount on Rs.25000 in 2 years at annual compounded interest, if the rates for the successive years be 4% and 5% per annum respectively is- रु.25000 का 2 वर्षों में मिश्रधन क्या है जब क्रमिक वर्षों के लिए ब्याज दरें क्रमशः 4% और 5% है-

  1. Rs./रु.30000

  2. Rs./रु.26800

  3. Rs./रु.27300

  4. Rs./रु.28500

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

For first year at 4%: 25000 × 1.04 = Rs. 26000. For second year at 5%: 26000 × 1.05 = Rs. 27300. Alternatively, using the formula A = P(1 + r1)(1 + r2) = 25000 × 1.04 × 1.05 = 25000 × 1.092 = Rs. 27300.