8th Class Mathematics Comparing Quantities Question Bank Comparing Queantities

  • question_answer Find the compound, interest on 'Rs. 25000 for 3 years at 6% per annum compounded annually

    A)  4128.30                       

    B)  4238.60

    C)  4775.40 

    D)  5239.50

    Correct Answer: C

    Solution :

    (c): C.I \[=p{{\left( 1+\frac{r}{100} \right)}^{n}}-p\] \[=25000\text{ }{{\left( 1+\frac{6}{100} \right)}^{3}}-25000\] \[=25000\times 0.191016\]             \[=4775.4/-\]     

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