Description of this paper

Loading

The rate of interest offered by the fixed deposit scheme of a-(Answered)

Description

Step-by-step Instant Solution


Question

The rate of interest offered by the fixed deposit scheme of a bank for 365 days and above is 12%. What will be the status of Rs. 20000, after two years if it is invested at this point of time?

a) Rs. 28032

b) Rs. 24048

c) Rs. 22056

d) Rs. 25088

 

Paper#9256732 | Written in 27-Jul-2016

Price : $16
SiteLock