A) Rs. 463.00
B) Rs. 463.05
C) Rs. 463.15
D) Rs. 463.20
Correct Answer: B
Solution :
Given, \[R=\frac{10}{2}=5%\] \[T=3\,yr,\] \[P=Rs.\,400\] \[\therefore \] \[A=P{{\left( 1+\frac{R}{100} \right)}^{T}}\] \[=400{{\left( 1+\frac{5}{100} \right)}^{3}}\] \[=400{{\left( \frac{21}{20} \right)}^{3}}=Rs.\,463.05\]You need to login to perform this action.
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