There is 60% increase in amount in 6 years at simple interest. What will be the compound interest of ₹ 12,000 after three years at the same rate?
CA Foundation · Quantitative Aptitude · PYQS · May 2025
There is 60% increase in amount in 6 years at simple interest. What will be the compound interest of ₹ 12,000 after three years at the same rate?
Suggested Answer and Working Notes:
Correct Answer: Option (C)
C. ₹ 3,972
Topics: Part-A: Business Mathematics
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