A sum of ₹14000 is lent at compound interest (interest is compounded annually) for 3 years. If the rate of interest is 10%, then what will be the compound interest?

A sum of ₹14000 is lent at compound interest (interest is compounded

1.	A sum of ₹14000 is lent at compound interest (interest is compounded annually) for 3 years. If the rate of interest is 10%, then what will be the compound interest?
A.	₹4,634
B.	₹4,645
C.	₹4,364
D.	₹4,643
Answer» B. ₹4,645

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A sum of ₹14000 is lent at compound interest (interest is compounded annually) for 3 years. If the rate of interest is 10%, then what will be the compound interest?

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