Mathematics · Interest
There is a 50% increase in an amount in 5 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same interest rate?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 3,972✓
- 2Rs. 6,240
- 3Rs. 3,120
- 4Rs. 4,120
Correct answer
Rs. 3,972
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