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Multiple choice

What would be the compound interest accured on an amount of Rs.14000 @ 10 p.c.p.a at the end of 3 years?

  1. Rs. 3890

  2. Rs. 4224

  3. Rs. 4814

  4. Rs. 4634

  5. None of these

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Compound Interest formula: A = P(1 + r/100)^n. For P=14000, r=10%, n=3: A = 14000(1.1)^3 = 14000 × 1.331 = 18634. CI = A - P = 18634 - 14000 = 4634. Option D matches.

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