The formula for compound interest is: Amount = P(1 + r/n)^(nt) Where: P = principal amount = ₹20,000 r = annual interest rate = 8% = 0.08 t = time in years = 3 years n = number of times interest is compounded annually = 1 Substitute the values: Amount = 20000(1 + 0.08)^3 Amount = 20000(1.08)^3 Amount = 20000 × 1.2597 Amount ≈ ₹25,194 Correct Option: a) ₹25,194
Which of the following statements is true?
Statement: Farm fires, being touted as the major reason for unbreathable Delhi air, are shown to account for only 40% of the current spell of deadly h...
Statement:
I) Barriers to transportation in rural areas results in missed healthcare appointments, delays in receiving healthcare intervent...
Statements:
I. The literacy rate in the district has been increasing for the last four years.
II. The district administration has co...
Event (A): Scientists have discovered the oldest orchid fossil trapped in amber that dates back some 45 million years to 55 million years
Ev...
Who among the following person is from Haridwar?
Statements:
I) Under Mukhbir Yojana, the government will provide an incentive of up to Rs 2 lakh to anyone who would alert the state authoriti...
Event (A): Scientists have discovered the oldest orchid fossil trapped in amber that dates back some 45 million years to 55 million years
Ev...
Statement : In its strongest action yet, the Unique Identification Authority of India (UIDAI) has temporarily barred Bharti Airtel and Airtel Payments ...
Event (A): Scientists have discovered the oldest orchid fossil trapped in amber that dates back some 45 million years to 55 million years
Ev...
