What is the rate p.c.p.a. on an amount of Rs. 6,000 deposited in a Bank?
A. The simple interest for four years is Rs. 3600.
B. The difference between the simple interest and compound interest is Rs. 894.0375.
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Q:
What is the rate p.c.p.a. on an amount of Rs. 6,000 deposited in a Bank?
A. The simple interest for four years is Rs. 3600.
B. The difference between the simple interest and compound interest is Rs. 894.0375.
- 1Atrue
- 2Bfalse
- 3Cfalse
- 4Dfalse
- 5Efalse
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