The simple interest accrued on a sum of ₹20000 in 3 years is ₹7200. What would be the compound interest accrued on the same sum a…

Quantitative Aptitude ·Previously asked in RSSB Patwari 2025

View the full solved paper: RSMSSB Patwari 2025 Shift 1 SPZ8

Question

The simple interest accrued on a sum of ₹20000 in 3 years is ₹7200. What would be the compound interest accrued on the same sum at the same rate for the same period?

  1. A. ₹8232.32
  2. B. ₹8098.56 (Correct answer)
  3. C. ₹8878.42
  4. D. ₹8641.75

Correct Answer

Option B — ₹8098.56

Detailed Solution & Explanation

The correct answer is ₹8098.56.

Key Points

  • Rate = SI × 100 / (P × T) = 7200 × 100 / (20000 × 3) = 12%.
  • CI = 20000 × [(1.12)³ − 1] = 20000 × 0.404928 = ₹8098.56.

प्रश्न (हिन्दी में)

3 वर्ष के अंत में ₹20000 पर साधारण ब्याज ₹7200 है। समान अवधि और दर पर चक्रवृद्धि ब्याज क्या होगा?

  1. A. ₹8232.32
  2. B. ₹8098.56
  3. C. ₹8878.42
  4. D. ₹8641.75

Topics covered: RSMSSB Patwari 2025 Shift 1 SPZ8 Quantitative Aptitude