Aptitude - Compound Interest - Discussion
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Read more:"Everyone is wise until he speaks."
- (Proverb)
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What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12 p.c.p.a.?
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| [A]. |
Rs. 9000.30 | [B]. |
Rs. 9720 | | [C]. |
Rs. 10123.20 | [D]. |
Rs. 10483.20 | | [E]. |
None of these |
Answer: Option C
Explanation:
| Amount |
| = Rs. |
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25000 x |
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1 + |
12 |
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3 |
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| 100 |
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| = Rs. |
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25000 x |
28 |
x |
28 |
x |
28 |
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| 25 |
25 |
25 |
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= Rs. 35123.20 |
 C.I. = Rs. (35123.20 - 25000) = Rs. 10123.20
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Viplov said:
(Sat, Jun 19, 2010 07:53:24 AM)
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| Please give me a shortcut methods for competitive exams. |
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Dayal said:
(Thu, Feb 10, 2011 07:46:59 AM)
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| Pl send me the short cut method for compound interest calculation specially for more than 2 years. |
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Deepak said:
(Wed, May 18, 2011 03:58:33 AM)
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| Sir please send me any shortcut method for this question. |
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Snehal said:
(Thu, Sep 8, 2011 11:09:54 PM)
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| What is meaning of p.c.p.a ? |
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Sujatha said:
(Mon, Oct 31, 2011 08:36:12 PM)
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| What is the meaning of PCPA? |
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Yogendra said:
(Sat, Jan 14, 2012 11:58:27 AM)
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| Hi, sujatha & snehal PCPA means percentage per annum |
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