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. |
|
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|
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| = 3972. |
Discussion:
94 comments Page 9 of 10.
Mohammad Gazali said:
8 years ago
Please tell me how R=100*60/100*6?
(1)
Thejus said:
9 years ago
@Josephlecocq.
What is -1 as p?
What is -1 as p?
Nivedita said:
1 decade ago
How you have taken P as 100 ?
Shri said:
5 years ago
Thanks for explaining @Anmol.
Arush said:
1 decade ago
Thanks jeeva & subash.
Lokesh said:
8 years ago
How Will find P & S.I?
Josephlecocq said:
1 decade ago
Is -1 the same as p?
Hari said:
1 decade ago
How to find p=100?
Dron said:
8 years ago
How to find p=100?
Manisha said:
8 years ago
Thanks @Sanjay.
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