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Manoj Mavi

· started a discussion

· 1 Months ago

complete solution (Question: 184398.0 )

plz expalin this q elborately

Question:
What is the ratio of the compound Interest payable at 10% per annum for years yearly and in half-yearly ? 
Options:
A) \(\cfrac{720}{735}\)
B) 2
C) \(\cfrac{1240}{1261}\)
D) \(\cfrac{616}{625}\)
Solution:
Ans: (c)


In yearly case

Total CI = 800 + 440

= 1240

In half - yearly case

Total CI = 400 + 400

= + 400 + 20 + 20

= + 20 + 1

= 1261

 Ratio =  \(\cfrac{1240}{1261}\)

Knowledge Expert

· commented

· 1 Months ago

Hi, please click on report and view detailed solution after submitting test.........
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