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Ajay invested an amount of Rs.9000 in a fixed deposit scheme for 2 years at CI rate 6% Per Annum. How much amount will Ajay get on maturity of the fixed amount?
  • a)
    Rs. 11, 230
  • b)
    Rs. 10, 250
  • c)
    Rs. 10, 112
  • d)
    Rs. 10, 400
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Ajay invested an amount of Rs.9000 in a fixed deposit scheme for 2 yea...
Amount = 9000*106/100*106/100
= 9000*53/50*53/50
= 10, 112
Therefore, Ajay will get on maturity of a fixed amount is Rs. 10, 112
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Ajay invested an amount of Rs.9000 in a fixed deposit scheme for 2 years at CI rate 6% Per Annum. How much amount will Ajay get on maturity of the fixed amount?a)Rs. 11, 230b)Rs. 10, 250c)Rs. 10, 112d)Rs. 10, 400Correct answer is option 'C'. Can you explain this answer? for Interview Preparation 2025 is part of Interview Preparation preparation. The Question and answers have been prepared according to the Interview Preparation exam syllabus. Information about Ajay invested an amount of Rs.9000 in a fixed deposit scheme for 2 years at CI rate 6% Per Annum. How much amount will Ajay get on maturity of the fixed amount?a)Rs. 11, 230b)Rs. 10, 250c)Rs. 10, 112d)Rs. 10, 400Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Interview Preparation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Ajay invested an amount of Rs.9000 in a fixed deposit scheme for 2 years at CI rate 6% Per Annum. How much amount will Ajay get on maturity of the fixed amount?a)Rs. 11, 230b)Rs. 10, 250c)Rs. 10, 112d)Rs. 10, 400Correct answer is option 'C'. Can you explain this answer?.
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