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.?
Answer: Option C
- Amount = Rs. 25000 x ( 1 + 12 ) 3 100 = Rs. 25000 x
28 x
28 x
28 25 25 25
= Rs. 35123.20
C.I. = Rs. (35123.20 - 25000) = Rs. 10123.20
Was this answer helpful ?
- Amount = Rs. 25000 x ( 1 + 12 ) 3 100 = Rs. 25000 x
28 x
28 x
28 25 25 25
= Rs. 35123.20
C.I. = Rs. (35123.20 - 25000) = Rs. 10123.20
Was this answer helpful ?
More Questions on This Topic :
Latest Videos
Latest Test Papers
Submit Solution