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Mathematics NULL Medium
Question

Rs.7500 is borrowed at 4% p.a. CI. What amount is due after 2 years?

A
Rs.8082
B
Rs.7800
C
Rs.8100
D
Rs.8112
✓ Official correct answer

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A
Rs.8082
Official option

No member explanations yet for this option.

B
Rs.7800
Official option

No member explanations yet for this option.

C
Rs.8100
Official option

No member explanations yet for this option.

D
Rs.8112
Official option

No member explanations yet for this option.

Explanation

Amount = 7500 × (1.04)² = Rs.8112.

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