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<html><body><h2 id="content-id-0439186275-2"><b>Compound Interest Questions Overview</b></h2><p>Compound Interest Questions have a good weightage in the Ssc Gd Constable Exam and the type of question asked in Ssc Gd Constable exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Compound Interest Questions.</p><h2 id="content-id-5179236048-3"><b>Question On Compound Interest </b></h2>Ajay invested some money in HDFC at 4% per annum rate of interest. What would be the corresponding simple interest (in â&#130;¹) if after 2 years, Ajay got â&#130;¹204 as compound interest, considering annual compounding?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Easy </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 36 Seconds </h3></div></div><h2 id="content-id-3420798516-4"><b> Compound Interest Questions Options</b></h2><ol><li><p>195</p>
</li><li><p>215</p>
</li><li><p>200</p>
</li><li><p>210</p>
</li></ol> <h2 id="content-id-9746503128-5"><b> Compound Interest Questions Solution</b></h2><p>The correct answer is <strong>Option 3</strong> i.e. <strong>200 .</strong></p>

<p>CI for 2 years = â&#130;¹204</p>

<p>Rate = 4% → Amount factor = (1.04)² = 1.0816</p>

<p>Let principal = P</p>

<p>So, 204 = P × 0.0816 → P = 204 / 0.0816 = â&#130;¹2500</p>

<p>SI = (2500 × 4 × 2) / 100 = â&#130;¹200</p>
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If 39 39 means 3 - Mathematical Reasoning Questions for Ssc Cgl

If 39 39 means 39 - Mathematical Reasoning Questions for Ssc Cgl

The correct answer is Option 3 i.e. 200 - Compound Interest Questions are asked in Ssc Gd Constable exams and your question has been explained by experts like Neetu Mam.

 Compound Interest Questions Tips and Tricks

Ajay invested some money - Compound Interest Questions for Ssc Gd Constable

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