

Compound Interest - General Aptitude
Q1: There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate?A Rs. 2160
B Rs. 3120
C
Rs. 3972
D
Rs. 6240
E
None of these
ANS:C - Rs. 3972 Let P = Rs. 100. Then, S.I. Rs. 60 and T = 6 years.
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