App Logo

No.1 PSC Learning App

1M+ Downloads
In how many months, at a rate of 6% compound interest per annum, will a sum of ₹1,200 become ₹1,348.32.?

A30 months

B18 months

C24 months

D12 months

Answer:

C. 24 months

Read Explanation:

24 months


Related Questions:

Find the compound interest on 2,000 for 2 years at 15% per annum compounded annually?
Find Rate of interest for the sum of 10000 for 2years componded annually amounts to Rs.40000?
If the rate of interest is 15%, then what is the difference between compound interest and simple interest received on Rs. 10,000 alter 3 years from now?
5000 രൂപയ്ക്ക് 10% നിരക്കിൽ രണ്ടുവർഷത്തെ കൂട്ടുപലിശ എന്ത്?
The difference between compound interest and simple interest earned on Rs 15,000 in 2 years is Rs 384, find the interest rate per annum.