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- List the given numbers and units.
- Choose the formula that matches the asked value.
- Simplify carefully and compare with options.
Correct Answer: D
Correct Answer: D
Method / Topic: Compound Interest
The answer follows from the arithmetic relation between the given values.
Short Explanation
Detailed Explanation
Correct Answer: D
Method / Topic: Compound Interest
Apply the appropriate compound-interest growth or depreciation
.
CALCULATION:
Amount = 5000 × (1 + 10/100)^3; CI = Amount − Principal = Rs. 1655.
CHECK:
The selected option matches the exact mathematically validated result.
SSC EXAM RULE:
For annual compounding, use (1 ± r/100)^n carefully and distinguish amount from interest.
Rs. 1,655
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Learn + Solve: Shortcut, Trap & Fast Route Click to view shortcut, steps, and common mistake
Shortcut used, common trap, and the fastest solving route
- List the given numbers and units.
- Choose the formula that matches the asked value.
- Simplify carefully and compare with options.
Find the compound interest on Rs. 5,000 at 10% per annum for 3 years, compounded annually.
Explanation
Correct Answer: D
Method / Topic: Compound Interest
The answer follows from the arithmetic relation between the given values.
Short Explanation
Detailed Explanation
Correct Answer: D
Method / Topic: Compound Interest
Apply the appropriate compound-interest growth or depreciation
.
CALCULATION:
Amount = 5000 × (1 + 10/100)^3; CI = Amount − Principal = Rs. 1655.
CHECK:
The selected option matches the exact mathematically validated result.
SSC EXAM RULE:
For annual compounding, use (1 ± r/100)^n carefully and distinguish amount from interest.
Rs. 1,655
See full explanation + shortcut trick
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