Mathematics for FinanceMTP Nov 18Question 1274 of 462
All Questions

The simple interest of P%\displaystyle P\% for P\displaystyle P years will be P\displaystyle P on a sum of:

Options

APP100\displaystyle P \frac{P}{100}
B100PP\displaystyle 100 \frac{P}{P}
CP(P100+1)\displaystyle P \left( \frac{P}{100} + 1 \right)
D(100P1)\displaystyle \left( \frac{100}{P} - 1 \right)
For any discrepancies in this question, email contact@cadada.in

Correct Answer

Option b100PP\displaystyle 100 \frac{P}{P}

All Options:

  • APP100\displaystyle P \frac{P}{100}
  • B100PP\displaystyle 100 \frac{P}{P}
  • CP(P100+1)\displaystyle P \left( \frac{P}{100} + 1 \right)
  • D(100P1)\displaystyle \left( \frac{100}{P} - 1 \right)

More Questions from Mathematics for Finance

Ready to Master Mathematics for Finance?

Practice all 462 questions with instant feedback, earn XP, track your streaks, and ace your CA Foundation exam.

Start Practicing — It's Free