A) Rs. 854
B) Rs. 799
C) Rs. 843
D) Rs. 897
Correct Answer: D
Solution :
Compound Interest \[=\left[ 5690{{\left( 1+\frac{5}{100} \right)}^{3}}-1 \right]\] \[=\left[ 5690\times \left( \frac{21}{20}\times \frac{21}{20}\times \frac{21}{20} \right)-1 \right]\] \[=5690\times \frac{9261}{8000}-1\] \[=\frac{5690\times 1261}{8000}\] \[=\,\,\text{Rs}\text{.}\,\,896.88\approx \,\,\text{Rs}\text{.}\,\,897\]You need to login to perform this action.
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