Arithmeticeasy · Past Paper
In compound interest, the principal ________ every year.
ARemains constant
BDecreases
CChanges
DBecomes zero
✓ Correct Answer: C — Changes
In CI, the interest of the previous period is added to the principal, so the principal changes every period.
Share this question
More from Arithmetic
- Three numbers are in the ratio 2:3:5 and the sum of their squares is 608. Find the numbers.
- Simple interest on Rs 1000 for 2.5 years at 4% is:
- What is the mean proportional between 4 and 9?
- A shopkeeper buys 10 oranges for Rs. 8 and sells 8 oranges for Rs. 10. Find gain %.
- 40% of a number is equal to 3/5th of another number. Find the ratio of first number to second number.