Same chapter4 marksDifficulty: Hard
Find the difference between the compound interest and the simple interest on ₹8,000 for 2 years at 5% per annum.
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4 marksDifficulty: Hard
The population of a town is 20,000 and it increases at 5% per annum. Find the population after 2 years.
Original Khojo Papers practice question — not from a past board paper.
Answer
22,050
No citable source has been recorded for this record. Treat it as practice material, not as fact.
Explanation
The population is 20,000 × (1.05)2 = 20,000 × 1.1025 = 22,050.
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