1.

A sum is being lent at 20% p.a. compound interest. What is the ratio of increase in amount of 4^(th) year to.5^(th) year?

Answer»

0.17013888888889
`5:4`
`5:6`
can't be determined

Solution :`(p(1+r/100)^4)/(p(1+r/100)^5)=1/((1+r/100))=100/(100+r)=100/120=5/6`


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