1.

) A sum of Rs. 30000 is invested for 3 years at 7.5%compound interest, what is the sum after one year?A) Rs.32250 B) Rs.32200 C) Rs.32100 D) Rs.30500 ​

Answer»

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COMPOUND AMOUNT

= P(1+R/100)^T

= Rs.30000(1+7.5/100)^1

= Rs.30000(1+75/1000)^1

= 30000×43/40

= Rs.750×43

= Rs.32250

hence ANSWER is Rs.32250 (A)



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