How much should you invest today at 10% compound interest annually, to accumulate Rs. 1,61,051 in 5 years?
A. Rs. 1,11,100
B. Rs. 1,00,000
C. Rs. 1,10,000
D. Rs. 1,11,000
Answer: Option B
Related Questions on Compound Interest
A. Rs. 120
B. Rs. 121
C. Rs. 122
D. Rs. 123
E. None of these
A. 625
B. 630
C. 640
D. 650
E. None of these
A. Rs. 2160
B. Rs. 3120
C. Rs. 3972
D. Rs. 6240
E. None of these
A. Rs. 2.04
B. Rs. 3.06
C. Rs. 4.80
D. Rs. 8.30
Join The Discussion