A principal amount increases by 50% in five years at simple interest. At the same rate of interest, what will be the compound interest on Rs. 20000 for three years?

A principal amount increases by 50% in five years at simple interest.

1.	A principal amount increases by 50% in five years at simple interest. At the same rate of interest, what will be the compound interest on Rs. 20000 for three years?
A.	Rs. 2880
B.	Rs. 5760
C.	Rs. 6620
D.	Rs. 3310
Answer» D. Rs. 3310

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A principal amount increases by 50% in five years at simple interest. At the same rate of interest, what will be the compound interest on Rs. 20000 for three years?

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