Calculate the compound interest on Rs 1875 for 3 years if the rates of interest per annum are 5%, 6 \(\frac{2}{3}\) % and 8 \(\frac{1}{3}\) % respectively. Options: A . &nbspRs 300 B . &nbspRs 350 C . &nbspRs 400 D . &nbspRs 450

Calculate the compound interest on Rs 1875 for 3 years if the rates of intere

Question

Calculate the compound interest on Rs 1875 for 3 years if the rates of interest per annum are 5%, 6\(\frac{2}{3}\)% and 8\(\frac{1}{3}\)% respectively.

Options:

A . Rs 300

B . Rs 350

C . Rs 400

D . Rs 450

Answer: Option C

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