If the rate of interest be 4 % per annum for first year 5 % per annum for the second year and 6 % per annum from the third year then the compound interest of ₹ 10000 for 3 years will be
A. ₹ 1575.20
B. ₹ 1600
C. ₹ 1625.80
D. ₹ 2000
Answer:A
If the rate of interest be 4 % per annum for first year 5 % per annum for the second year and 6 % per annum from the third year then the compound interest of ₹ 10000 for 3 years will be
A. ₹ 1575.20 B. ₹ 1600 C. ₹ 1625.80 D. ₹ 2000