What will be the compound interest on a sum of Rs. 24,000 after 3 years at the rate of 12% p.a.?	Pick:  A) Rs. 9718.27  B) Rs. 9750  C) Rs. 10123.20  D) Rs. 10483.20  E) None
Amount = [24000 * (1 + 12/100)3]   = 24000 * 28/25 * 28/25 * 28/25 = Rs. 33718.27   C.I. = (33718.27 - 24000) = Rs. 9718.27   Rs. 9718.27NSWER:Rs. 9718.27
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What will be the compound interest on a sum of Rs. 24,000 after 3 years at the rate of 12% p.a.?