A) Rs. 1,300
B) Rs. 156
C) Rs. 1,456
D) Rs. 1.356
Correct Answer: C
Solution :
Using the formula, \[A=P\,\,{{\left( 1+\frac{r}{100} \right)}^{n}}\] Here, \[p=1300,\] \[r=12%\] \[n=1\,\,day\] \[A=1300\,\,\left( 1+\frac{12}{100} \right)\] \[=1300+1300\times \frac{12}{100}\] \[=1300+156\] \[=Rs.\,\,1456\]You need to login to perform this action.
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