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Question

What will be the C.I. on a sum of Rs. 25,000/- after 3 years at the rate of 12%p.a?
  1. Rs.35,123.2
  2. 15,200
  3. Rs.10123.2
  4. Rs.3,26,232

A
Rs.3,26,232
B
Rs.35,123.2
C
15,200
D
Rs.10123.2
Solution
Verified by Toppr

P=25000
T=3years
R=12%pa
A=P(1+R100)T
=>A=25000(1+12100)3
=25000(2825)3
=35123.2
I=AP
=35123.225000
I=Rs.10123.2

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