What will be the compound interest on a sum of Rs. 45,000 after 3 years at the rate of 12% p.a.? Options:
A) s:10123.19 B) s:10123.29 C) s:10123.20 D) s:18221.76 E) s:10123.12
Amount   = [45000 * (1 + 12/100)3]   = 45000 * 28/25 * 28/25 * 28/25   = Rs. 63221.76   C.I. = (63221.76 - 45000)= 
<gadget id="calculator">(63221.76 - 45000)</gadget>
<output>18_221.76</output>
Rs:18221.76   Answer: s:18221.76
<result>D</result>
What will be the compound interest on a sum of Rs. 45,000 after 3 years at the rate of 12% p.a.?