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Question 142Asked in Bihar STET Paper 2 Computer Science (Class 11-12), 12 Sep 2023, Shift 2

Calculate the compound interest on Rs. 4000 for 2 years at 20% per annum when compounded annually.

  1. A1856.4
  2. B1756.4
  3. C1846.4
  4. D1746.4
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Correct answer: (A) 1856.4

Explanation

Note: Official BSEB final answer key marks option A. By standard calculation, CI on Rs. 4000 at 20% p.a. for 2 years = 4000 × (1.2² − 1) = Rs. 1760, which none of the options state exactly.

From Bihar STET Paper 2 Computer Science (Class 11-12) PYQ, 12 Sep 2023, Shift 2

This is question 142 of Bihar STET Paper 2 Computer Science (Class 11-12) PYQ, 12 Sep 2023, Shift 2. See all questions of this paper with answers, or attempt the paper as a timed online test to get your score and all-India rank.