If the rate of interest be 4% per annum for first year, 5% per annum foe second year and 6% per annum for third year, then the compound interest of Rs 10000 for three years will be ?

  • 1Rs. 1575.20
  • 2Rs. 1600
  • 3Rs. 1625.80
  • 4Rs. 2000
Answer:- 1
Explanation:-

Solution:
 = Rs.10000[(1+4100)(1+5100)(1+6100)]=Rs(10000×2625×2120×5350)=Rs.(578765)=Rs.11575.20C.I. = Rs.(11575.2010000)=Rs.1575.20

Post your Comments

Your comments will be displayed only after manual approval.

", "dateCreated": "7/24/2019 10:09:12 AM", "author": { "@type": "Person", "name": "Nitin Sir" } }, "suggestedAnswer": { "@type": "Answer", "text": "
Solution:
 = Rs.10000[(1+4100)(1+5100)(1+6100)]=Rs(10000×2625×2120×5350)=Rs.(578765)=Rs.11575.20C.I. = Rs.(11575.2010000)=Rs.1575.20
", "dateCreated": "7/24/2019 10:09:12 AM" } }
Test
Classes
E-Book