Question

What will be the amount if sum of Rs. 10,00,000 is invested at compound interest for 3
years with rate of interest 11%, 12% and 13% respectively ?
(A) Rs. 14,04,816
(B) Rs. 12,14,816
(C) Rs. 11,35,816
(D) Rs. 16,00,816​

Answer 1

Answer:

option A is the answer

Step-by-step explanation:

Amount will be

= 1000000(1+11/100)(1+12/100)(1+13/100)

=(111*112*113)

= 1404816

Answer 2

Answer:(A)Rs.14,04,816

Step-by-step explanation:

Amount=1000000*111*112*113/100*100*100

=111*112*113

=₹14,04,816

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