The simple interest on Rs.12000 at a certain rate of interest in five years is Rs.7200. Find the compound interest on the same amount for five years at the same rate of interest.
A. Rs.3502.80
B. Rs.3052.40
C. Rs.3054.8
D. Rs.3052.80
E. None of these
Related Questions on Compound Interest Mcqs
A. Rs. 16,500
B. Rs. 16,525.50
C. Rs. 16,537.50
D. Rs. 18,150
A. Rs. 565.25
B. Rs. 635
C. Rs. 662.02
D. Rs. 666.50
What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12% p.a.?
A. Rs. 9000.30
B. Rs. 9720
C. Rs. 10123.20
D. Rs. 10483.20
A. Rs. 8600
B. Rs. 8620
C. Rs. 8800
D. Rs. 8840
E. None of these
A. Rs.21.60
B. Rs.24.00
C. Rs.25.20
D. Rs.27.80
E. None of these