Mathematics · Compound Interest
If in 3 years at simple interest, the principal increases by 15%, what will be the approximate compound interest earned (in Rs. lakhs) on Rs. 15 lakhs in 3 years at the same rate?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 17.81
- 22.87
- 32.36✓
- 43.38
Correct answer
2.36
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