Question

What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12 p.c.p.a.?

a.

Rs. 9000.30

b.

Rs. 9720

c.

Rs. 10123.20

d.

Rs. 10483.20

Answer: (c).Rs. 10123.20

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Q. What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12 p.c.p.a.?

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