Correct Option: C
Given that , Principal = Rs. 25,000 , Time = 2 years , R1 = 4% , R2 = 5%
Using the given formula ,
Amount = P | 1 + | R1 | 1 + | R2 | ||||
100 | 100 |
Amount = 25000 | 1 + | 4 | 1 + | 5 | ||||
100 | 100 |
Amount = 25000 × | 104 | × | 105 |
100 | 100 |
Amount = Rs. 27300
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Updated On: 27-06-2022
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Text Solution
Solution : Amount`=P(1+r/100)^t`<br> Amount`=25000(1+4/100)^1`<br> After 2 years <br> Amount`=25000(1+4/100)(1+5/100)`<br> `A=27300`<br> option c is correct.
Answer
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