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Question Practice

If a student saved ₹500 every month for a year at 6% compound interest, what will their total be at the end of the year?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 7
Social Science
Exploring Society India and Be...
Banks and the Magic of Finance
Question Bank

If a student saved ₹500 every ...

Single Answer MCQ
Q-00131351

If a student saved ₹500 every month for a year at 6% compound interest, what will their total be at the end of the year?

1

₹6,180

2

₹6,500

3

₹7,200

4

₹6,300

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