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6.Interest
easy
What will be the amount (In ₹) received on $25000$ at the rate of $20 \%$ per annum compounded yearly for $4$ years?
A
$51840$
B
$50350$
C
$53550$
D
$48750$
Solution
(a) $p=₹ 25,000 r=20 \%, n=4$
$\begin{aligned} \text { Amount } &= P \left[1+\frac{ r }{100}\right]^{ n } \\ &=25000\left[1+\frac{20}{100}\right]^{4} \\ &= Rs .51,840 \end{aligned}$
Standard 13
Quantitative Aptitude
