Q. What is the compound interest on Rs. 48,000 for 2 years at 20% p.a., if interest is compounded annually?
A) Rs. 21,120
B) Rs. 69,120
C) Rs. 72,000
D) Rs. 76,800
✔ Correct Answer: Rs. 21,120
Exam Insight
-
A) Rs. 21,120
B) Rs. 69,120
C) Rs. 72,000
D) Rs. 76,800
✔ Correct Answer: Rs. 21,120
-
Explore educational articles, current affairs, science, technology, history, politics, business and hundreds of learning resources organized into categories.
Explore the most searched educational topics.
Explore Sarkari Jobs, Admit Cards & Results easily on TutorliV
Practice topic-wise MCQs for competitive exams like SSC, UPSC, Banking & more.