Exambodh - Practice Aptitude, Reasoning & GK Questions

Back to Compound Interest
QQuestion DetailMCQ

Find the compound interest on Rs 11200 at 12 percent per annum for 5 years

A9138.23
B8538.23
C7938.23
D8238.23

Answer

7938.23

CI = P((1+R/100)^T - 1) = 8538.23