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Aptitude | Compound Interest | Question 7

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What will be the amount if Rs.10,00,000 is invested at CI for 3 years at a rate of interest 10%, 11% and 12% respectively?

(A) 1367520
(B) 1367602
(C) 1367420
(D) 1365520

Answer: (A)

Explanation: = p(1 + R1/100)(1 + R2/100)(1 + R3/100)
= 10,00,000 x(1 + 10/100)x(1 + 11/100)x(1 + 12/100)
= 10,00,000 x (110/100) x (111/100) x (112/100)
= 110 x 111 x 112

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Last Updated : 28 Jun, 2021
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