If compound interest received on a certain amount in the 2nd year is Rs. 250. What will be the compound interest (in Rs.) for the 3rd year on the same amount at 12% rate of interest?

If compound interest received on a certain amount in the 2nd year is R

1.	If compound interest received on a certain amount in the 2nd year is Rs. 250. What will be the compound interest (in Rs.) for the 3rd year on the same amount at 12% rate of interest?
A.	250
B.	300
C.	280
D.	270
Answer» D. 270

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If compound interest received on a certain amount in the 2nd year is Rs. 250. What will be the compound interest (in Rs.) for the 3rd year on the same amount at 12% rate of interest?

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