There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate
A. Rs.3972
B. Rs.2972
C. Rs.5972
D. Rs.4972
Answer:A
There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate
A. Rs.3972 B. Rs.2972 C. Rs.5972 D. Rs.4972