Multiple choice

What is the compound interest on Rs. 1600 at 25% per annum for 2 years compounded annually? 1600 रू. का 25% वार्षिक दर से प्रतिवर्ष संयोजित करने पर 2 वर्ष के लिये चक्रवृद्धि ब्याज क्या है?

  1. Rs. 700

  2. Rs. 750

  3. Rs. 800

  4. Rs. 900

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

Amount after 2 years = 1600(1 + 25/100)² = 1600 × (1.25)² = 1600 × 1.5625 = 2500. Compound Interest = Amount - Principal = 2500 - 1600 = 900.