Mathematics for FinanceMTP Dec 23Question 1391 of 479
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Sachin deposited Rs.1,00,000\displaystyle 1,00,000 in his bank for 2\displaystyle 2 years at simple interest of 6%\displaystyle 6\%. How much interest would he earns? How much final value of deposit

Options

ARs.6,000\displaystyle 6,000, Rs.1,06,000\displaystyle 1,06,000
BRs.10,000\displaystyle 10,000, Rs.1,15,000\displaystyle 1,15,000
CRs.11,600\displaystyle 11,600, Rs.1,11,600\displaystyle 1,11,600
DRs.1200\displaystyle 1200, Rs.1,12,000\displaystyle 1,12,000
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Correct Answer

Option dRs.1200\displaystyle 1200, Rs.1,12,000\displaystyle 1,12,000

All Options:

  • ARs.6,000\displaystyle 6,000, Rs.1,06,000\displaystyle 1,06,000
  • BRs.10,000\displaystyle 10,000, Rs.1,15,000\displaystyle 1,15,000
  • CRs.11,600\displaystyle 11,600, Rs.1,11,600\displaystyle 1,11,600
  • DRs.1200\displaystyle 1200, Rs.1,12,000\displaystyle 1,12,000

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