Multiple choice

What will be compound interest on an amount of Rs.8400 at the rate of 13.5 p.c.p.a after 2 years? रू.8400 की राशि पर 13.5 प्र.श.प्र.व. की दर से 2 वर्ष के अंत में उपचित चक्रवृद्धि ब्याज क्या होगा?

  1. Rs.2256.18 रू.2256.18

  2. Rs.2019.38 रू.2019.38

  3. Rs.2421.09 रू.2421.09

  4. Rs.2615.08 रू.2615.08

  5. None of these इनमें से कोई नहीं

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

CI = P[(1 + r/100)² - 1] for 2 years. P = 8400, r = 13.5%. CI = 8400[(1.135)² - 1] = 8400[1.288225 - 1] = 8400 × 0.288225 = 2421.09.