Tech Mahindra
Company
Numerical Ability
Simple & Compound Interest
The amount of principal Rs.4000 at compound interest at the ratio of 10% p.a. for 3 years is
a) Rs.4325
b) Rs.5324
c) Rs.3425
d) Rs.5342
Read Solution (Total 3)
-
- p== 4000
r== 10
y== 3
so,, 1st intrest 4000+400==4400
2nd 4400+440== 4840
3rd year 4840+484==5324 ans - 8 years agoHelpfull: Yes(9) No(0)
- given r=10%
y=3 years & p=4000
put these values in formula
a=p(1+r/100)^y
ans=5324 rs. - 8 years agoHelpfull: Yes(0) No(0)
- CI for 2 years a% + b% + a*b/100
(10 10 10)
First we'll do for 10 10
10+10+10*10/100 = 21
now do for 21 & 10 ==> 21+10+21*10/100 ==> 33.1
Total R for 3 years 33.1. Now 33.1 % of 4000 ==> 1324.
So final answer 4000+1324 - 8 years agoHelpfull: Yes(0) No(0)
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