Start learning →

The compound amount after n years is found from the formula using the bracket:

A1 minus R over 100
BR plus 1 over 100
CR less 1 over 100
D1 plus R over 100
Answer & Solution
Correct answer: D. 1 plus R over 100
1. The bracket is raised to the power n. 2. It multiplies the principal. 3. The bracket is 1 plus R over 100. _Source: syllabus Mathematics, Chapter 8, Comparing Quantities._
Practise this question with Quill — CAT →

Keep practising Simple and Compound Interest

Browse all Simple and Compound Interest questions for CAT, or explore more Quantitative Reasoning topics.

Start a Simple and Compound Interest lesson →
Related questions
Interest bingoType the numberSort by conversion periodSimple or compoundSlice the interest wordsRun the interest gatesPop the compound factsCatch the interest words