Sarkari RiseLogin
CDS 2026 · PYQ · Compound Interest · easy

In what duration of time will ₹3300 become ₹3399 at 12% per annum interest compounded quarterly?

  1. A.3 months✓ Correct
  2. B.6 months
  3. C.9 months
  4. D.1 year

Explanation

Quarterly rate = 12%/4 = 3% per quarter. After 1 quarter (3 months): 3300 × 1.03 = 3399. So the duration is 3 months.
💡 Practice unlimited CDS PYQs + AI-tracked progress on each topic. Sign up free →

More Compound Interest questions

Want more CDS practice?

Free daily 10-Q quiz · adaptive mocks · 4,000+ verified PYQs · AI doubt solver in Hindi + English

Sign up freeMore Compound Interest practice