Home
Class 14
MATHS
At what rate percent per annum, a sum of...

At what rate percent per annum, a sum of Rs. 6000 will become Rs. 7986 in 3 years, if the interest is compounded annually ?

A

`11%`

B

`12.5%`

C

`8%`

D

`10%`

Text Solution

Verified by Experts

The correct Answer is:
D
Promotional Banner

Similar Questions

Explore conceptually related problems

At what percent per annum will Rs. 3000/- amount to Rs. 3993/- in 3 years if the interest is compounded annually?

At what percent per annum will Rs.3000 amounts to Rs.3993 in 3 years if the interest is compounded annually?

At what rate per cent per annum will Rs. 1000 amount to Rs. 1331 in 3 years. The interest is compounded yearly

At what rate percent per annum will a sum of Rs 4000 yield compound interest of Rs 410 in 2 years?

Find the rate percent per annum if Rs 2000 amount to Rs 2662 is years, interest being compounded half-yearly?

at what rate percent per annum will sum of Rs 4000 yield Rs1324 as compound interest in 3 years