What will be the amount if sum of Rs 10 00 000 is invested at compound interest for 3 years with rat...........

Quantitative Aptitude ( CCS) Compound Interest

What will be the amount if sum of Rs.10,00,000 is invested at compound interest for 3 years with rate of interest 11%, 12% and 13% respectively?

Rs.14,04,816

Rs.12,14,816

Rs.11,35,816

Rs.16,00,816

Here P=10,00,000 R1=11 R2=12 R3=13
Amount after 3 yrs =p(1+R1/100)(1+R2/100)(1+R3/100)
10,00,000*(1+11/100)(1+12/100)(1+13/100)=14,04,816.

Hence, option 1 is the correct answer.

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