Topics

A) RS.2125 |

B) RS.2122.85 |

C) RS.2100 |

D) RS.2200 |

Correct Answer:

B) RS.2122.85 |

Description for Correct answer:

Given, P = RS. 1750,R = 8%, n = 2 and \( \Large \frac{a}{b} \) = \( \Large \frac{1}{2} \)

According to the formula,

Amount = \( \Large P \left(1+\frac{R}{100}\right)^{n}\times \left(1+\frac{\frac{a}{b}\times R}{100}\right) \)

= \( \Large 1750 \left(1+\frac{8}{100}\right)^{2} \) \( \Large \left(1+\frac{1/2\times 8}{100}\right) \)

= 1750\( \Large \left(\frac{27}{25}\right)^{2}\times 26/25 \)=\( \Large 1750\times 27/25\times 27/25\times 26/25 \)

= RS.2122.848=RS.2122.85

Part of solved Compound interest questions and answers : >> Aptitude >> Compound interest

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