Solved IB Security Assistant Question
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Q · Compound IntetrestModerate · 45s
For ₹5000 at 12% p.a. for 2 years, find (CI − 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 = ₹1200; CI = ₹1272; Difference = ₹72.
Final Answer: Option A — ₹72.00