The compound interest on ₹ 1,00,000 compounded quarterly, for 9 months at 4% per annum is

CA Foundation · Quantitative Aptitude · PYQS · September 2025
The compound interest on ₹ 1,00,000 compounded quarterly, for 9 months at 4% per annum is
(A) A. 3010.1
(B) B. 3030.1
(C) C. 3330.1
(D) D. 3003.1

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. 3030.1

Topics: Part-A: Business Mathematics

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