Question

Rs 1000 is being charged at 50% per annum. what is the interest for 3rd year at compound interest?

A) 1122 B) 1025 C) 1125 D) 625

Answer 1

Answer:

hope it helps

Step-by-step explanation:

Answer:   C) 1125

Explanation:

Total amount for two years =  1000×(1.5)2=2250

Now , interest for third year = 2250×50×1100=1125

Subject: Compound Interest - Quantitative Aptitude - Arithmetic Ability

Answer 2

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