Challenger App

No.1 PSC Learning App

1M+ Downloads
Swara deposited ₹75,000 with a finance company for 3 years at an interest of 12% per annum, compounded annually. What is the compound interest that Swara gets after 3 years?

A₹33,609.25

B₹33,009.60

C₹30,369.60

D₹30,036.25

Answer:

C. ₹30,369.60

Read Explanation:

image.png

Related Questions:

Rs.800 becomes Rs.956 in 3 years at certain rate of simple interest.If the rate of interest is increased by 3%,What amount will Rs.800 becomes in 3 years?
Vipul invests a sum of INR 5400 and Vijay invests a sum of INR 9400 at the same rate of simple interest per annum.If, at the end of 5 years , Vijay gets INR 840 more interest than Vipul, then find the rate of interest per annum. (in percentage).
If a sum of money doubles itself in 10 years at compound interest, then in how many years will it become 16 times of itself at the same rate?
2500 രൂപയ്ക്ക് 3% കൂട്ടു പലിശ കണക്കാക്കിയാൽ 2 വർഷത്തിനുശേഷം എത്ര പലിശ കിട്ടും ?
2 വർഷത്തേക്കുള്ള 10000/- രൂപയ്ക്കുള്ള സാധാരണപലിശ 2400 രൂപ ആണെങ്കിൽ അതേമൂലധനത്തിന് 2 വർഷത്തെ കൂട്ടുപലിശ എത്രയാണ്?