A) Rs. 3320
B) Rs. 8290
C) Rs. 2980
D) Rs. 2890
Correct Answer: D
Solution :
| [d] \[\because \]P = Rs. 2560, r = 25% yearly \[=\frac{25}{4}%\] per quarterly and n = 6 months = 2 quarterly \[\therefore \] \[A=P{{\left( 1+\frac{r}{100} \right)}^{n}}\] \[=2560{{\left( 1+\frac{25}{400} \right)}^{2}}\] \[=2560{{\left( \frac{17}{16} \right)}^{2}}\] \[=\frac{2560\times 17\times 17}{16\times 16}=\text{Rs}.\,\,2890\] |
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