Find the amount on Rs 8000 in 9 months at 20 per annum if the interest being compounded quarterly ........

Quantitative Aptitiude (CLAT) Compound Interest

Find the amount on Rs.8000 in 9 months at 20% per annum, if the interest being compounded quarterly?

Rs.9,021

Rs.9,162

Rs.9,261

Rs.9,621

Explanation: A = 8000(21/20)^3 = 9261

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