A) Rs. 6250.50
B) Rs. 6220.52
C) Rs. 6250.20
D) Rs. 6220.50
Correct Answer: A
Solution :
Let P = Rs. 100. Then, S.I. Rs. 60 and T = 4 years. \[\therefore \] \[R=\left( \frac{100\,\,\,\,\,60}{100\,\,\,\,\,4} \right)=15%\] p.a. Now, P = Rs. 12000. T = 3 years and R = 15% p.a. \[\therefore \] C.I. =Rs. \[\left[ 12000\,\left\{ {{\left( 1+\frac{15}{100} \right)}^{3}}\,\,\,\,1 \right\} \right]\] =Rs \[\left( 12000\,\,\frac{4167}{8000} \right)\] = Rs. \[6250.50.\]You need to login to perform this action.
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