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 If A=Rs. 1000, n=2 years, R=6% p.a. compound interest payable half-yearly, then principal (P) is
  • a)
    Rs. 888.80
  • b)
    Rs. 885
  • c)
    Rs. 800
  • d)
    None of these
Correct answer is option 'A'. Can you explain this answer?
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If A=Rs. 1000, n=2 years, R=6% p.a. compound interest payable half-yearly, then principal (P) isa)Rs. 888.80b)Rs. 885c)Rs. 800d)None of theseCorrect answer is option 'A'. Can you explain this answer?
Question Description
If A=Rs. 1000, n=2 years, R=6% p.a. compound interest payable half-yearly, then principal (P) isa)Rs. 888.80b)Rs. 885c)Rs. 800d)None of theseCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about If A=Rs. 1000, n=2 years, R=6% p.a. compound interest payable half-yearly, then principal (P) isa)Rs. 888.80b)Rs. 885c)Rs. 800d)None of theseCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If A=Rs. 1000, n=2 years, R=6% p.a. compound interest payable half-yearly, then principal (P) isa)Rs. 888.80b)Rs. 885c)Rs. 800d)None of theseCorrect answer is option 'A'. Can you explain this answer?.
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