If the rate of interest is $4 \%$ per annum for the first year,$5 \%$ per annum for the second year,and $6 \%$ per annum for the third year,then the compound interest on $Rs. 10000$ for $3$ years will be (in $Rs.$):

  • A
    $1575.20$
  • B
    $1600$
  • C
    $1625.80$
  • D
    $2000$

Explore More

Similar Questions

In what time (in $years$) will ₹ $8,000$ at $3 \%$ per annum produce the same interest as ₹ $6,000$ does in $5$ years at $4 \%$ simple interest?

$A$ sum of ₹ $15000$ deposited at compound interest becomes double after $5$ $years$. After $20$ $years$,it will become (in ₹):

$A$ sum of money placed at compound interest doubles itself in $4$ $years$. In how many $years$ will it amount to four times itself?

What sum of money (in ₹) at compound interest will amount to ₹ $650$ at the end of the first year and ₹ $676$ at the end of the second year?

There is a $60 \%$ increase in an amount in $6$ years at simple interest. What will be the compound interest (in $Rs.$) on $Rs. 12,000$ after $3$ years at the same rate?

Vedclass Products

For Students

Vedclass Test Series

Mock tests in real JEE/NEET style with performance analysis. 5-day free trial.

Start Free Trial
For Teachers

Exam Paper Generator

Generate Set A/B/C/D exam papers from 7.5L+ questions in 2 minutes. 3 chapters free.

Try Free
For Institutes

Online Exam Module

Live online exams with unlimited students, 360° analytics & white-label branding.

See Demo