Home
Class 14
REASONING
Mr.Ayush borrowed Rs 3000 at 5% per annu...

Mr.Ayush borrowed Rs 3000 at 5% per annum compound interest . The compound interest compounded annually for 2 years is

A

Rs 370.5

B

Rs 307.5

C

Rs 3307.5

D

Rs 3370.5

Text Solution

Verified by Experts

The correct Answer is:
B
Promotional Banner

Similar Questions

Explore conceptually related problems

Mr. Yudish borrowed Rs. 3500 at 4% per annum compound interest. The compond interest compounded annually for 2 years is : A. 285.6 B. 3785.6 C. 3758.6 D. 258.6

Mr. Ibrahim borrowed Rs. 7500 at 5% per annum compound interest. The compound interest compouned annally for 2 years is.

Mt. Anin borrowed Rs. 6500 at 4% per annum compound interest. The compound interest compounded annually for 2 years is :

Mr. Devesh borrowed Rs. 4,500 at 4% per annum compound interest. The compound interest compounded annually for 2 years is: A. Rs. 367.2 B. Rs. 4,867.2 C. Rs. 4,876.2 D. Rs. 376.2

Mrs. rathore Rs. 10000 at 5% per annum compound interest. The compound interest compounded annually for 2 years is :

Find the amount on Rs 9900 at 20% per annum for 2 years at compound interest (compounded annually).

The compound interest on Rs. 2000 at 5% per annum, compounded yearly for 2 years is