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Find the compound interest on Rs36,000 at a rate in which Rs216 becomes Rs343 in 3years and the time is 2years?
Rs12000
Rs12500
Rs13000
Rs13500
first we find the rate 3√216 : 3√343 6 : 7 (+1) 1/6*100= 16(2/3) % Now R = 16(2/3) %=1/6 6…………….7 6…………….7 36 49 (13) =13000
Hence, option 3 is the correct answer.
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