What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12 p.c.p.a.?
Choose the correct choice from the following choices:
A) Rs. 9000.30  B) Rs. 9720  C) Rs. 10123.20  D) Rs. 10483.20  E) None of these
Explanation:   Amount   = Rs.[25000 x (1 + 12/100)3]=Rs. 35123.20   C.I. = Rs. (35123.20 - 25000) = Rs. 10123.20   ANSWER IS Rs. 10123.20
<result>C</result>
What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12 p.c.p.a.?