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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
The half-yearly rate is 5% and there are two periods. Amount = Rs. 10000×1.05²=Rs. 11025.
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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 amount on Rs. 10000 at 10% per annum for 1 year, compounded half-yearly.
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
The half-yearly rate is 5% and there are two periods. Amount = Rs. 10000×1.05²=Rs. 11025.
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