Mr. Rao invests a sum of Rs. 41, 250 at the rate of 6 p.c.p.a. What approximate amount of compound interest will he obtain at the end of 3 years?
A) Rs. 8,l00
B) Rs 7,425
C) Rs 8,210
D) Rs 7,879
E) Rs 7,295

• A = 41250(1+0.06)^3
  C.I = A - 41250
  Answer is 7879
  
• 8 years agoHelpfull: Yes(1) No(0)
• Right answer is d
• 8 years agoHelpfull: Yes(0) No(0)
• 
  1st year 2475
  2nd year 2475 148.5
  3rd year 2475 148.5 148.5 8.8
  approx 7879 ans d
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