Multiple choice

At what percentage rate will the amount of Rs 40000 become Rs 44100 in two years where the interest is compounded annually? 40000 रु की धनराशि किस प्रतिशत दर पर दो वर्षों में 44100 रु हो जाएगी जहाँ ब्याज वार्षिक रूप से चक्रवृद्धि किया जाता है?

  1. 2

  2. 5

  3. 4

  4. 7.5

  5. None of these इनमे से कोई नही|
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Using compound interest formula A = P(1 + r/100)^t, we substitute 44100 = 40000(1 + r/100)^2. This gives 1.1025 = (1 + r/100)^2, so 1 + r/100 = 1.05 and r = 5%. Verification: 40000 × 1.05 = 42000 after year 1, then 42000 × 1.05 = 44100 after year 2.

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