Mathematics for FinancePYQ Nov 18Question 1182 of 422
All Questions

If in two years' time a principal of $P 100$ amounts to $P 121$ when the interest at $r\%$ is compounded annually, then the value of $r$ is

Options

A$10.5\%$
B$10\%$
C$15\%$
D$14\%$
For any discrepancies in this question, email contact@cadada.in

Correct Answer

Option d$14\%$

All Options:

  • A$10.5\%$
  • B$10\%$
  • C$15\%$
  • D$14\%$

More Questions from Mathematics for Finance

Ready to Master Mathematics for Finance?

Practice all 422 questions with instant feedback, earn XP, track your streaks, and ace your CA Foundation exam.

Start Practicing — It's Free