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Commerce · Q740

Insurance

Graduate and Post Graduate · Commerce · question 740

Q740

Which of the following is incorrect? (i) - The longer the period of investment, the more they will multiply. (ii)– The lesser the period of investment, the greater they will multiply.

A.
Statement (i)
B.
Statement (ii)
Answer
C.
Both (i) and (ii)
D.
Neither (i) nor (ii)

Answer: Option B

Solution

Answer: Option B
Solution:
The lesser the period of investment, the greater they will multiply is incorrect because if period of investment will be less, the result will also be less.