Solved IB Security Assistant Question
A solved IB Security Assistant PYQ - decoded step-by-step.
Solve it the standard way once - then learn the shortcut.
Q · Compound IntetrestModerate · 45s
A sum of ₹15,000 is invested at 10% in the first year and 12% in the second year (CI annually). Find the amount after 2 years.
TopicCompound Intetrest
Question Typemultiple choice
DifficultyModerate
Marking+1 / −0.25
From TestChapter Test 1 (Chapter Test)
Test Duration30 min
Step-by-Step Solution
The complete worked solution.
Every step explained - no skipped algebra.
A = 15000×1.10×1.12 = ₹18480.
Final Answer: Option A - ₹18480.00