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Finding CI When Rate Compounded Anually or Semi - Anually

A man invests...

Question

A man invests Rs.46,875 at 4% per annum compound interest for three years. Calculate

1000, 50000, 2000

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1500, 60700, 2000

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1875, 50700, 2028

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1880, 50780, 2008

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1870, 50000, 2000

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Solution

The correct option is C
1875, 50700, 2028

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Similar questions

A man invests ₹ 46,875 at 4 % per annum compound interest for 3 years. Calculate :

(i) the interest for the 1st year

(ii) the amount standing to his credit at the end of 2nd year:

46875

4 %

3

46875

4 %

3

5, 600

14

2

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