The compound interest earned in two years on a sum of money is ₹1,560 and the corresponding simple interest is ₹1,500. Find the compound interest for three years on the same sum at the same interest rate.
Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM
Options
- (A) ₹2,434.80
- (B) ₹2,345.30
- (C) ₹2,466.50
- (D) ₹2,245.60
Verified Answer
Option (A): ₹2,434.80
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