Mathematics · Compound Interest

Find the compound interest on Rs. 60000 at 10% per annum for 5 years, compounded annually.

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Rs. 3254.98
2Rs. 36630.60✓
3Rs. 34563.12
4Rs. 3456.87

Correct answer

Rs. 36630.60

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Find the compound interest on Rs. 60000 at 10% per annum for 5 years, compounded annually.

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Find the compound interest on Rs. 60000 at 10% per annum for 5 years, compounded annually.

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