If a man invests 2,00,000 rupee in a fixed deposit at an interest rate of 9.25 % yearly then output

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07 Aug 2012 interest

If a man invests 2,00,000 rupee in a fixed deposit at an interest rate of 9.25 % yearly then output after 3 years will be

OPtion

1) 260792
2) 254657
3) 243912
4) 286574
5) 263456
6) 245360
7) 273489
8) 234542
9) 261519
10) none of these

Solution

200000*1.0925*1.0925*1.0925 = 260792

Correct Option: 1 Best Solution (0)