Multiple choice

At what percent compound interest per annum will Rs. 2000 amount to Rs. 2662 in three years? चक्रवृद्धि ब्याज की किस दर पर 2000 रू. 3 वर्षों में 2662 रू. हो जायेगा?

  1. 5%

  2. 8%

  3. 10%

  4. 12%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Using A = P(1 + r)^n: 2662 = 2000(1 + r)³, so (1 + r)³ = 1.331, giving 1 + r = 1.10 and r = 10%.

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