There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate?

There is 60% increase in an amount in 6 years at simple interest. Wha

1.	There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate?
A.	Rs. 2160
B.	Rs. 3120
C.	Rs. 3972
D.	Rs. 6240
E.	None of these
Answer» D. Rs. 6240

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There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate?

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