Aptitude - Compound Interest - Discussion

You Are Here :: Home > Arithmetical Ability > Compound Interest - Discussion

 
Q.

A man invests Rs.5000 for 3 years at 5% p.a. compound interest reckoned yearly. Income tax at the rate of 20% on the interest earned is deducted at the end of each year. Find the amount at the end of the third year.  .                          
A. 5624.32 B. 5630.5
C. 5788.125 D. 5627.2

Answer: Option A
Explaination:

 


Discussion

Your Comments Goes here...
NameDiscussion