Question

What will be the amount if a sum of Rs. 5000 is placed at compound interest for 3 years while the rate of interest for the first, second and third years is 2%, 3% and 4% respectively?

A Rs. 6748.56
B Rs. 5463.12
C Rs. 4487.18
D Rs. 6366.36
E None of these
Practice Next

More Simple and compound interest Questions

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)