Home
Class 14
MATHS
If the compound interest in the third ye...

If the compound interest in the third year at 8% p.a. on a certain sum is Rs3600, then what is the difference between the compound interest in the 4th and 5th year? (nearest to an integer in Rs)

A

Rs. 311

B

Rs. 335

C

Rs. 304

D

Rs. 288

Text Solution

Verified by Experts

The correct Answer is:
A
Promotional Banner

Similar Questions

Explore conceptually related problems

On what sum does the difference between the compound interest and the simple interest for 3 years at 10% is Rs. 31?

On what sum the difference between the compound interest and simple interest for 2 years at 5% per annum is Rs25.

On what sum does the difference between the compound interest and the simple interest for 3 years at 10% is Rs. 31 ?

The difference between simple and compound interest on Rs 1,000 for 3 years at 5% p.a. interest is:

Compound interest on Rs 1000 at 8% p.a. for 2 years is