Home
Class 14
MATHS
There is a 40 % increase in an amount in...

There is a 40 % increase in an amount in 4 years at simple interest. What will be the compound interest on Rs. 6000 after 3 years at the same rate?

A

Rs. 1260

B

Rs. 1986

C

Rs. 19860

D

Rs. 7986

Text Solution

Verified by Experts

The correct Answer is:
B
Promotional Banner

Similar Questions

Explore conceptually related problems

There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest on ₹ 12,000 after 3 years at the same rate of interest?

There is a 60% increase in an amount in 5 years at simple interest. What will be the compound interest on 6250 for two years at the same rate of interest, when the interest is compounded yearly?

There is 60% increase in an amount in 6 years at the rate of simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate ?

There is a 50% increase in an amount in 5 years at certain rate of simple interest. What will be the compound interest of Rs. 15000 for 2 years at the same rate?

There is 100% increase to an amount in 8 years, at simple interest. Find the compound interest of Rs 8000 after 2 years at the same rate of interest.