Civil Services Uttar Pradesh (उत्तर प्रदेश) PCS Mock Test Series 2025 Quantitative Aptitude Interest Compound Interest
Pradnya invests Rs. 2,00,000 in the name of her daughter, who is 16 years old, in a scheme that pays compound interest at a rate of 8% per annum, compounded annually. What will be the total amount due to the daughter when she becomes 18 years old?
1
Rs. 2,52,150
2
Rs. 2,35,850
3
Rs. 2,33,280
4
Rs. 2,51,250