Question

18. At what percentage per annum, will * 10,000 amount
to 17,280 in three years? (Compound Interest being
reckoned)
(a) 20%
(c) 24%
(b) 14%
(d) 11%​

Answer 1

This discussion on At what percentage per annum, will Rs. 10,000 amount to 17,280 in three years? (Compound Interest being reckoned)a)20%b)14%c)24%d)11%Correct answer is option 'A'. Can you explain this answer? is done on EduRev Study Group by Quant Students. The Questions and Answers of At what percentage per annum, will Rs. 10,000 amount to 17,280 in three years? (Compound Interest being reckoned)a)20%b)14%c)24%d)11%Correct answer is option 'A'. Can you explain this answer? are solved by group of students and teacher of Quant, which is also the largest student community of Quant. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for Quant on EduRev and even discuss your questions like At what percentage per annum, will Rs. 10,000 amount to 17,280 in three years? (Compound Interest being reckoned)a)20%b)14%c)24%d)11%Correct answer is

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Answer 2

Answer:

20%

Step-by-step explanation:

17280=10000(1+R/100)³

17280/10000=(1+R/100)³

(17280/10000)³=(1+R/100)³

(1728/1000)³=(1+R/100)³

12/10=1+R/100

R/100=12/10–1

R/100=2/10

R=20