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Munagala Janardhana Reddy

· started a discussion

· 1 Months ago

interest after 1st year 8% on Rs 5000 => I=400/-
interest after 2nd year 10% on Rs(5000+400) => I=540/-
interest after 3rd year 12% on Rs(5000+400+540)=> I=712.8/-
There fore total CI after 3 years is (400+540+712.8) =>Rs.1652.80/-

Question:
The CI on Rs.5000 for 3 years at 8% for first year, 10% for second year and 12% for third year will be –
Options:
A) Rs.1685.20
B) Rs.1652.80
C) Rs.1575
D) Rs.1750 
Solution:

Ans: (b)


Arpit Shrivastava

· commented

· 1 Months ago

Good

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