Aptitude | Compound Interest | Question 7
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?
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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