Shilpa took a loan of Rs. 15,00,000 to purchase a car. The company charges compound interest at 20% per annum. She promised to make the payment after three years. But for the last year of loan tenure, the company increased the rate of interest by 25% from the previous one. Then the extra amount which she had to pay is what per cent of the amount of loan taken by her?

Shilpa took a loan of Rs. 15,00,000 to purchase a car. The company cha

1.	Shilpa took a loan of Rs. 15,00,000 to purchase a car. The company charges compound interest at 20% per annum. She promised to make the payment after three years. But for the last year of loan tenure, the company increased the rate of interest by 25% from the previous one. Then the extra amount which she had to pay is what per cent of the amount of loan taken by her?
A.	8.3%
B.	7.9%
C.	8.7%
D.	7.2%
E.	None of these
Answer» D. 7.2%

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