Multiple choice

The compound interest on Rs.3200 for 2 years at 7.5 % per annum is (in Rs.) रु.3200 का 2 वर्ष में 7.5 % वार्षिक ब्याज की दर से चक्रवृद्धि ब्याज (रु. में) है

  1. Rs.518

  2. Rs.488

  3. Rs.508

  4. Rs.498

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

Using CI formula: A = 3200(1 + 0.075)² = 3200 × 1.075². 1.075² = 1.075 × 1.075 = 1.155625. Amount = Rs. 3698. CI = 3698 - 3200 = Rs. 498. This rounds to option D.