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 nbs...........

Quantitative Aptitude (Pb Patwari) Compound Interest

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.?

Rs. 9000.30

Rs. 9720

Rs. 10123.20

Rs. 10483.20

A = 25000(1 + 12/100)³
= 25000(28/25)³
= 35123.2
CI=35123.2- 25000=10123.2

Submit Error

Answer is 35123.3 there is no option

sunny bhonsle

Question is asking about Compound interest not Amount ....so option c is right answer. kindly check .