Elitmus Exam Numerical Ability Simple & Compound Interest

Alok deposits Rs.5,000 in his bank account for 5 years to earn an interest of 12%.what amount will he get after 5 years?
a, rs.2000
b, rs.3000
c, rs.5300
d, rs.8000
e, rs.8300

Read Solution (Total 15)

Elitmus Other Question

The average age of the district level hockey team of eleven is 22 years.The average age gets increased by 1 year when the coach age is also included.what is the age of the coach?
a, 23
b, 30
c, 34
d, 40
let total profit=x
for charity=x*(4/100)=x/25