20
Q:
A) Rs. 3845 | B) Rs. 4826 |
C) Rs. 5142 | D) Rs. 4415 |
Answer: B) Rs. 4826
Explanation:
Explanation:
We know the formula for calculating
The compound interest C = P[(1 + r100)n - 1] where P = amount, r = rate of interest, n = time
Here P = 5000, r1 = 10, r2 = 20
Then C = 6500[(1 + 10100)2 x (1 + 20100)2 - 1]= 6500 x 18562500= 65 x 185625
C = Rs. 4826.