1.

At 5% compound interest per annum the compound interest on Rs. 10000 for 3 years isA. Rs. 1567.25B. Rs. 1567.52C. Rs. 1657.25D. Rs. 1576.25

Answer» Correct Answer - D
Rs. 1576.25
The required compound interest `=Rs. 10000(1+5/100)^(3)-Rs. 10000`
`=Rs. 10000(1+1/20)^(3)-Rs. 10000`
`=Rs. 10000{(21/20)^(3)-1}`
`=Rs. 1000(9261/8000)-1`
`=Rs. 10000xx1261/8000`
`=Rs. (10xx1261)/8=Rs. 176.25`
`:.` d is the correct answer.


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