Multiple choice

The respective ratio of the amount after 16.5 years and 17.5 years is 25:27; the interest being compounded annually. Find the rate of the interest charged per annum. 16.5 वर्ष तथा 17.5 वर्ष के पश्चात् प्राप्त मिश्रधनों का अनुपात क्रमशः 25: 27, जब ब्याज की गणना चकृवृद्धि वार्षिक हो। तो ब्याज की वार्षिक दर ज्ञात कीजिये।

  1. 10%

  2. 12%

  3. 8%

  4. 9%

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

Using compound interest formula A = P(1 + r/100)^n, the ratio A17.5/A16.5 = (1 + r/100)^(17.5-16.5) = 1 + r/100 = 27/25. So r/100 = 2/25, giving r = 8%. Option C is correct.