Aptitude - Compound Interest - Discussion
Discussion Forum : Compound Interest - General Questions (Q.No. 3)
3.
There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate?
Answer: Option
Explanation:
Let P = Rs. 100. Then, S.I. Rs. 60 and T = 6 years.
 R = |
 |
100 x 60 |  |
= 10% p.a. |
| 100 x 6 |
Now, P = Rs. 12000. T = 3 years and R = 10% p.a.
| C.I. |
|
|||||||||||||
|
||||||||||||||
| = 3972. |
Discussion:
94 comments Page 8 of 10.
Karthi said:
1 decade ago
How we get P = Rs.100 and S.I = Rs. 60 ?
Dibyajyoti hazarika said:
1 decade ago
I'm confused about 331 no. How it comes?
Kusum said:
1 decade ago
Any one tel me how we got R value as 10?
Anurag said:
1 decade ago
Thanks a lot. Now it became very easy.
Beaulah abigail said:
10 years ago
How the formula C.I = Amount-P comes?
Malleswar said:
9 years ago
Beautifully explained. Thanks to all.
Deepthi said:
1 decade ago
How we get S.I=Rs.60 while P=Rs.100 ?
Shivani Nikam said:
12 months ago
-1 because they have taken P common.
(15)
Hari said:
6 years ago
Why we are calculating for 3 years?
Vasanth said:
1 decade ago
Why we should take p value as 100?
Post your comments here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers