A principal of -40-000 is compounded annually at the rate of 10A- -5-400- YesB- -8-400- YesC- -7-200- NoD-10-400- No

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Standard VIII

Mathematics

Interest

A principal o...

Question

A principal of ₹40,000 is compounded annually at the rate of 10% for 2 years. Is it greater than the simple interest earned at the same rate and for the same time period?

A. ₹5,400; Yes

B. ₹8,400; Yes

C. ₹7,200; No

D.₹10,400; No

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A principal of ₹40,000 is compounded annually at the rate of 10% for 2 years. Is it greater than the simple interest earned at the same rate and for the same time period? A. ₹5,400; Yes B. ₹8,400; Yes C. ₹7,200; No D.₹10,400; No

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A principal of ₹40,000 is compounded annually at the rate of 10% for 2 years. Is it greater than the simple interest earned at the same rate and for the same time period?

A. ₹5,400; Yes

B. ₹8,400; Yes

C. ₹7,200; No

D.₹10,400; No