Sun	Mon	Tue	Wed	Thu	Fri	Sat
23	24	25	26	27	28	1
2	3	4	5	6	7	8
9	10	11	12	13	14	15
16	17	18	19	20	21	22
23	24	25	26	27	28	29
30	31	1	2	3	4	5

Back to Main Page

Multiple Choice Questions

If the simple interest on a sum of money at 5 per annum for 3 years is Rs 1200 find the compound int...........

Quantitative Aptitude (Hr Patwari ) Compound Interest

If the simple interest on a sum of money at 5% per annum for 3 years is Rs. 1200, find the compound interest on the same sum for the same period at the same rate.

1261

1271

1281

1291

छोटे Courses बड़े Results

Master Compound Interest

Prepare through Micro-courses

Try Now

Explanation:

Clearly, Rate = 5% p.a., Time = 3 years, S.I.= Rs. 1200. . .
So principal=RS [100*1200]/3*5=RS 8000
Amount = Rs. 8000 x [1 +5/100]^3 - = Rs. 9261.
C.I. = Rs. (9261 - 8000) = Rs. 1261.

Hence, option 1 is the correct answer.

Report error

Submit Error