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Sourabh Srivastava

· started a discussion

· 1 Months ago

value of principle (Question: 190198.0 )

in question it is 10000.While calculating amount you are taking it as 1000

Question:
If the rate of interest be 4% per annum for the first year, 5% per annum for the second year and 6% per annum for the third year, then the compound interest of  Rs.10,000 for 3 years will be – 
Options:
A) Rs.1600
B) Rs.1625.80
C) Rs.1575.20 
D) Rs.2000
Solution:

Ans.(C)



Knowledge Expert

· commented

· 1 Months ago

Dear Student,

We found typing error, we fixed it.

Hope you have a great learning with us!!

All the Best,
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