Mathematics · Compound Interest
There is a 60% increase in an amount in 6 years at simple interest. What will be the compound interest (in ₹) on ₹12,00,000 after 3 years at the same rate?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 13,87,200
- 23,96,254
- 32,97,200
- 43,97,200✓
Correct answer
3,97,200
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