Relevant Competitive Tests:
If the rate of interest be 4% per annum for first year 5% per annum for the second year and 6% per annum from the third year then the compound interest of Rs 10000 for 3 years will be_________?
A. Rs 1575.20Correct Answer
B. Rs 1600
C. Rs 1625.80
D. Rs 2000
Correct Option: A. Rs 1575.20
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