A) Rs. 623.5
B) Rs. 756.6
C) Rs. 817.8
D) Rs. 448.7
E) None of these
Correct Answer: B
Solution :
\[CI=P\left[ {{\left( 1+\frac{R}{100} \right)}^{T}}-1 \right]\] \[=4800\left[ {{\left( 1+\frac{5}{100} \right)}^{3}}-1 \right]\] \[=4800\left[ {{\left( \frac{21}{20} \right)}^{3}}-1 \right]\] \[=4800\left( \frac{9261}{8000}-1 \right)\] \[=4800\times \left( \frac{9261-8000}{8000} \right)\] \[=\frac{4800\times 1261}{8000}=Rs.\,756.6\]
You need to login to perform this action.
You will be redirected in
3 sec
