Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Compound Interest

Question:

Find the compound interest on ₹42000 for $1\frac{1}{2}$ years at 10% p.a. compounded annually.

Options:

₹5601

₹5610

₹6510

₹6620.25

Correct Answer:

₹6510

Explanation:

The correct answer is Option (3) → ₹6510