Multiple Choice Questions on Find the compound interest and the amount on Rs 8000 at 5 per annum for 3 years when C I is reckoned........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Find the compound interest and the amount on Rs 8000 at 5 per annum for 3 years when C I is reckoned...........

Quantitative Aptitude ( CCS) Compound Interest
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    Find the compound interest and the amount on Rs.8000 at 5% per annum for 3 years when C.I is reckoned yearly?

    Rs.1261

    Correct Answer

    Rs.1440

    Incorrect Answer

    Rs.1185

    Incorrect Answer

    Rs.1346

    Incorrect Answer
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    Explanation:

    Explanation:-
    Amount= 8000(21/20)3
    = 9261
     CI=9261- 8000=1261

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