MCQOPTIONS
Saved Bookmarks
| 1. |
A sum of Rs 6000 becomes Rs 7200 in 2 years, when invested in a scheme of simple interest. If the same sum is invested in a scheme of compound interest with same yearly interest rate (compounding of interest is done yearly), then what will be the amount (in Rs) after 3 years?_x005F_x000D_ |
| A. | 7434_x005F_x000D_ |
| B. | 8244_x005F_x000D_ |
| C. | 7864_x005F_x000D_ |
| D. | 7986 |
| Answer» E. | |