Find the compound interest on ₹1,500 at 12% per annum compounded annually for 3 years. (Rounded off to the nearest integer)

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

1. (A) ₹612
2. (B) ₹605
3. (C) ₹607
4. (D) ₹610

Verified Answer

Option (C): ₹607

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