Staff Selection Commission Quantitative Aptitude — Question 472

Question

Compound interest formula uses:

  1. P×R×T
  2. P(1+R)ⁿ
  3. P+R+T
  4. P/R×T

Correct answer

B — P(1+R)ⁿ

Explanation (English)

A = P(1+R)ⁿ

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