Multiple choice

Find the compound interest on Rs.25000 in 2 years at the rate of 12% compounded annually. 25000 रु. की धनराशि पर 12% चक्रवृद्धि ब्याज की दर से 2 वर्ष का चक्रवृद्धि ब्याज ज्ञात कीजिये ।

  1. Rs.6120

  2. Rs.6240

  3. Rs.6210

  4. Rs.6360
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D Correct answer
Explanation

Using the compound interest formula A = P(1 + r/100)^n: For P=25000, r=12%, n=2 years. Year 1: 25000 × 1.12 = 28000. Year 2: 28000 × 1.12 = 31360. Compound Interest = 31360 - 25000 = 6360. This can also be calculated directly: CI = P[(1 + r/100)^n - 1] = 25000[(1.12)^2 - 1] = 25000(1.2544 - 1) = 25000 × 0.2544 = 6360.

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