MCQOPTIONS
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| 1. |
A sum of Rs. 10000 was invested in a scheme. The rate of simple interest offered for three years was 6%, 9% and 5% per annum respectively. After three years, the whole amount was withdrawn and reinvested in a scheme which offered an interest rate of 20% compounded annually for 3 years. What is the total interest earned during the six year period? |
| A. | 8924 |
| B. | 10736 |
| C. | 12468 |
| D. | 13644 |
| E. | None of the above |
| Answer» C. 12468 | |