What will be the compound interest on a sum of Rs. 200000 after 3 years at the rate of 5% p.a.?

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11 Nov 2019 Compound Interest What will be the compound interest on a sum of Rs. 200000 after 3 years at the rate of 5% p.a.?: OPtion
1) 31515
2) 31625
3) 31535
4) 31525
5) 32525
6) 33525
7) 31025
8) 31725
9) 37525
10) None of these; Correct Option: 4 Best Solution (3)

G.S.Kantharao 5 years AGO

P=₹200000,N=3y,R=5%
I=P(1+R/100)^N -P
=200000(1.05)^3-₹200000 =₹31525
My option is 👈

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RAMADURAI NATESAN 5 years AGO

A = P (1+ R/100 ) N = 200000(1.05) ^ 3 = 231525.
Interest = 31525

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Varun 5 years AGO

Compound interest = Principal(1+rate)^time_years
CI = 20000(1+0.05)^3
=> CI = 31525
= Option (4)

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Dimple

India

Punjab

Time: 00:01:33

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What will be the compound interest on a sum of Rs. 200000 after 3 years at the rate of 5% p.a.?

M4maths Previous Puzzles

11 Nov 2019 Compound Interest