Compound Interest · UPSC CDS/OTA · Question 14 of 30

Compound Interest – Question 14

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

Topic
Compound Interest
Subject
Mathematics
Difficulty
Moderate
Solve Time
45–60 sec

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Q · Compound InterestModerate · 45s

For ₹10,000 at 8% p.a. for 3 years, find the difference between CI (annual) and SI.

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

Step-by-Step Solution

The complete worked solution.

Every step explained — no skipped algebra.

SI = ₹2400; CI = ₹2597.12; Difference = ₹197.12.

Final Answer: Option A — ₹197.12
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Compound Interest Question 14 – UPSC CDS/OTA