Question 1
1 Mark
What is the principal amount, if the amount of compound interest on it at 10% p.c.p.a. for 2 years is₹ 945?
Options
Option A
₹ 4800
Option B
₹ 4700
Option C is correct
₹ 4500
Option D
₹ 4900
Questions & Answers: "Simple and Compound Interest"
Complete guide to "Simple and Compound Interest" for Math students. Below you will find important questions and model answers to help you prepare.
1 Questions
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We are building a dedicated quiz for this topic, but you can test your skills on a similar concept: MPSC-CS-Pre Reading Comprehension: Practice Set 1.