Compound Intetrest · IB Security Assistant · Question 14 of 30

Compound Intetrest – Question 14

Step-by-step solution. Compound Intetrest for IB Security Assistant.

Topic
Compound Intetrest
Subject
Maths
Difficulty
Moderate
Solve Time
45–60 sec

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

For ₹10,000 at 8% p.a. for 3 years, find the difference between CI (annual) and SI.

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.

SI = ₹2400; CI = ₹2597.12; Difference = ₹197.12.

Final Answer: Option A — ₹197.12
Solve Question✦ Build Plan
Compound Intetrest Question 14 – IB Security Assistant