Multiple Choice Questions on Find the compound interest at the rate of 8 for 3 years on that principal which in 3 years at therat........... for IBPS (PO/SO) Preparation

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Multiple Choice Questions

Find the compound interest at the rate of 8 for 3 years on that principal which in 3 years at therat...........

Quantitative Aptitude(IBPS PO) Compound Interest
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    Find the compound interest at the rate of 8% for 3 years on that principal which in 3 years at therate of 10% per annum gives 300 as simple interest ?

    180.515

    Incorrect Answer

    220.25

    Incorrect Answer

    259.712

    Correct Answer

    289.624

    Incorrect Answer
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    Explanation:

    SI =300
    Per yr = 100
    Rate = 10%
    C.I = 1000*(108/100)3 -1000
    C.I = 259.712

    By: Pranav Gupta
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