What will be the compound interest on a sum of Rs. 29,000 after 3 years at the rate of 12% p.a.?  Choose the most appropriate option
A) s.11123.77 B) s.11742.91 C) s.11123.20 D) s.10123.28 E) s.10123.21
Amount = [29000 * (1 + 12/100)3]   = 29000 * 28/25 * 28/25 * 28/25   = Rs. 40742.91   C.I. = (40742.91 - 29000)   = Rs. 11742.91   Answer:s.11742.91
<result>B</result>
What will be the compound interest on a sum of Rs. 29,000 after 3 years at the rate of 12% p.a.?