Mathematics · Compound Interest
Sachin deposited Rs. 15,000 in a bank under a compound interest scheme. What total amount will he receive after 3 years if the rate of interest is 10% per annum compounding annually?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 20,000
- 2Rs. 19,500
- 3Rs. 19,965✓
- 4Rs. 21,000
Correct answer
Rs. 19,965
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