Find the C I on Rs20 000 at 15 rate of interest in 3yrs ........

Quantitative Aptitude ( CCS) Compound Interest

Find the C.I on Rs20,000 at 15% rate of interest in 3yrs?

10400.5

10500.5

10517.5

10417.5

20000
SI for 1 year = 20000*15/100 = Rs 3000
3000…………………..3000……………………3000
. 450……………………..450
. 450
. 67.5
= 9000 + 1350 + 67.5 = 10417.5

Hence, option 4 is the correct answer.

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