Mathematics · Compound Interest
The compound interest accrued on a certain sum in two years at a rate of 5% per annum is Rs. 123. What will be the compound interest accrued on the same sum at the end of three years at the same rate?
- 1Rs. 189.15✓
- 2Rs. 183.00
- 3Rs. 169.50
- 4Rs. 180.15
Correct answer
Rs. 189.15
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