Multiple choice

The compound interest on Rs.2000 for 3 years is Rs.315.25. The rate of interest is - रू 2000 पर 3 वर्ष के लिए चक्रवृद्धि ब्याज रू 315.25 है तो ब्याज दर है -

  1. 3%

  2. 4%

  3. 5%

  4. 6%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Testing the given options: At 5%, compound interest on Rs. 2000 for 3 years = 2000(1.05³ - 1) = 2000(1.157625 - 1) = 2000(0.157625) = Rs. 315.25. This matches exactly with the given compound interest.

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