Multiple choice

What will be the compound interest on an amount of Rs.5500 at the rate of 3% per annum after 2 years? रू. 5500 की राशि पर 3% प्रति वर्ष की दर से 2 वर्ष बाद चक्रवृद्धि ब्याज क्या होगा?

  1. Rs.334.95

  2. Rs.339.95

  3. Rs.354.95

  4. Rs.358.95
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A Correct answer
Explanation

Compound Interest = P[(1 + r/100)^n - 1]. For P=5500, r=3%, n=2: CI = 5500[(1.03)² - 1] = 5500[1.0609 - 1] = 5500 × 0.0609 = Rs.334.95.

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