Question

Rs. 6000 when invested at simple interest of r% p.a. amounts to Rs. 9000 in 24 months. If the same sum had been invested for 1 year at compound interest of (r + 20) % p.a. (compounded in every 4 months), then the amount received would be?

A 9125.25
B 9025.25
C 9105.25
D 9120.25
Practice Next

More Simple and compound interest Questions

Hey! Ask a query