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? Options:
A) Rs.10111.00  B) Rs.10123.20  C) Rs.10123.00  D) Rs.10100.00  E) Rs.10110.00
= Rs.(25000x(1+12/100)³   = Rs.(25000x28/25x28/25x28/25)   = Rs. 35123.20.   C.I = Rs(35123.20 -25000)   = Rs.10123.20   answer :Rs.10123.20
<result>B</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?