CLEAR
Toprankers-Info

+91 7676564400

Mobile App

Get it on Google Play
Discussions
Select Date
Tags:

Articles

Discussions
Submit Discussion
Anil Singh

· started a discussion

· 1 Months ago

shortcut (Question: 257177.0 )

1600 (2.5%)= 40
now 1640(2.5%)=81
net ci rcvd =40+81=121

Question:

A bank offers 5% compound interest calculated half yearly basis. A customer deposits Rs.1600 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is –

Options:
A)

Rs.120

B)

Rs.121

C)

Rs.122

D)

Rs.123

Solution:

Ans: (b)

  

-logo
We at aim to provide most comprehensive content & test for practice which is carefully divided into various chapters and topics to help you focus on your weak areas.Our Practice mock test gives you unmatched analytics to help you realize your strong areas,time management and improvement areas.Our Short & Crisp notes on each topic will help you to quickly revise the topic along with the tips & tricks of the exams.
More About
-Info
-Info

Mobile App

Get it on Google Play
About Us Campus Ambassador Careers Contact Us Refund Policy

All Rights Reserved Top Rankers

User Policy
Disclaimer
Terms & Conditions