Albert invested Rs. 8000 in a scheme for 2 years at compound interest rate 5% p.a. How much amount will Albert get on maturity of the fixed deposit ?

Albert invested Rs. 8000 in a scheme for 2 years at compound interest

1.	Albert invested Rs. 8000 in a scheme for 2 years at compound interest rate 5% p.a. How much amount will Albert get on maturity of the fixed deposit ?
A.	Rs. 8840
B.	Rs. 8800
C.	Rs. 8810
D.	None
Answer» E.

Discussion

No Comment Found

Related MCQs

If x and y are the two digits of the number 653xy such that this number is divisible by 80, then x+y is equal to ?
3 men, 4 women and 6 children can complete a work in 7 days. A woman does double the work a man does and a child does half the work a man does. How many women alone can complete this work in 7 days ?
K and L start a business jointly. K invests Rs.16000 for 8 months and L remains in the business for 4 months. Out of the total profit L claims 2/7th share. How much money is contributed by L?
A began a business with Rs. 85000. He was joined afterwards by B with Rs. 42,500. For how much perod does B join, if the profits at the end of the year are divided in the ratio of 3:1 ?
Albert invested Rs. 8000 in a scheme for 2 years at compound interest rate 5% p.a. How much amount will Albert get on maturity of the fixed deposit ?
A certain sum is invested at simple interest at 18% p.a. for two years instead of investing at 12% p.a. for the same time period. Therefore the interest received is more by Rs. 840. Find the sum ?
What will come in place of the question mark (?) in the following number series? 5, 7, ?, 25, 45, 75
Simplify the following : 373+353+283-3x37x35x28372+352+282-37x35-35x28-37x28 ?
Manju borrows Rs.5000 for 2 years at 4% p.a. simple interest from Sudha. She immediately lends it to another person at 6 1 4% p.a for 2 years. Find her gain in the transaction per year.
36 identical books must be arranged in rows with the same number of books in each row. Each row must contain at least three books and there must be at least three rows. A row is parallel to the front of the room. How many different arrangements are possible ?

Albert invested Rs. 8000 in a scheme for 2 years at compound interest rate 5% p.a. How much amount will Albert get on maturity of the fixed deposit ?

Discussion

No Comment Found

Related MCQs

Reply to Comment