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Question 46Asked in DSSSB TGT Computer Science, 7 Feb 2024, Shift 2 (12:30 PM)

What is the compound interest on (compounding annually) Rs. 14400 at the rate of 10

What is the compound interest on (compounding annually) Rs. 14400 at the rate of 10 percent for 3 years?
  1. ARs. 4214.8
  2. BRs. 4712.6
  3. CRs. 4812.6
  4. DRs. 4766.4
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Correct answer: (D) Rs. 4766.4

Explanation

Amount = 14400 × 1.1³ = 14400 × 1.331 = 19166.4. CI = 19166.4 − 14400 = Rs. 4766.4.

From DSSSB TGT Computer Science PYQ, 7 Feb 2024, Shift 2 (12:30 PM)

This is question 46 of DSSSB TGT Computer Science PYQ, 7 Feb 2024, Shift 2 (12:30 PM). 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.