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Compound Interest · UPSC CDS/OTA · Question 13 of 30

Compound Interest: Find the compound interest on ₹6000 at 15% p.a. for 3 years (annual compounding).

Step-by-step solution. Compound Interest for UPSC CDS/OTA.

Topic
Compound Interest
Subject
Mathematics
Difficulty
Difficult
Solve Time
45-60 sec

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Q · Compound InterestDifficult · 45s

Find the compound interest on ₹6000 at 15% p.a. for 3 years (annual compounding).

TopicCompound Interest
Question Typemultiple choice
DifficultyDifficult
Marking+1 / −0.33
Test Duration30 min

Step-by-Step Solution

The complete worked solution.

Every step explained - no skipped algebra.

CI = 6000[(1.15)^3 − 1] = ₹3125.25.

Final Answer: Option A - ₹3125.25
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Find the compound interest on ₹6000 at 15% p.a. for 3… - Compound Interest (Mathematics) Solved Question