A sum fetches a simple interest of Rs. 6000 at the rate of 5% p.a. in 6 years. What would be the compound interest earned at the same rate of interest and the same principal in 2 years?
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Q:
A sum fetches a simple interest of Rs. 6000 at the rate of 5% p.a. in 6 years. What would be the compound interest earned at the same rate of interest and the same principal in 2 years?
- 1Rs. 2500false
- 2Rs. 2125false
- 3Rs. 2245false
- 4Rs. 2325false
- 5None of thesetrue
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