What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12% p.a.?
Choose the correct option.
A) Rs. 9000.30 B) Rs. 9720 C) Rs. 10123.20 D) Rs. 10483.20 E) None
Amount = [25000 * (1 + 12/100)3]   = 25000 * 28/25 * 28/25 * 28/25 = Rs. 35123.20   C.I. = (35123.20 - 25000) = Rs. 10123.20   ANSWER: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.a.?