Mathematics · Compound Interest
There is a 60% increase in a principal amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same annual rate of interest?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 6240
- 2Rs. 3972✓
- 3Rs. 3120
- 4Rs. 2160
Correct answer
Rs. 3972
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