Challenger App

No.1 PSC Learning App

1M+ Downloads
In how many years will a sum of ₹10,000 become ₹13,310 at 10% compound interest per annum, compounded annually?

A4

B3

C2

D5

Answer:

B. 3

Read Explanation:

3


Related Questions:

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?
രാമു 6% പലിശ കിട്ടുന്ന ഒരു ബാങ്കിൽ 1000 രൂപ നിക്ഷേപിക്കുന്നു. 2 വർഷംകഴിഞ്ഞ് രാമുവിന് കിട്ടുന്ന കൂട്ടുപലിശ എത്ര?
A sum of money amounts to ₹13,380 after 3 years and to ₹20,070 after 6 years at compound interest compounded annually. Find the sum
Find the compound interest on 10,000 at 10% per annum for 2 years 6 months, compounded annually.
A trader invests ₹50,000 at an annual compound interest rate of 6%. Find half of compound interest received after 3 years.