Testbook Logo
Exams SuperCoaching Test Series Skill Academy
More
English
Hindi
Bengali
Tamil

Question

Download Solution PDF

Swara deposited ₹75,000 with a finance company for 3 years at an interest of 12% per annum, compounded annually. What is the compound interest that Swara gets after 3 years?

This question was previously asked in
RPF Constable 2024 Official Paper (Held On 03 Mar, 2025 Shift 1)
Download PDF Attempt Online
View all RPF Constable Papers >
  1. ₹33,009.60
  2. ₹33,609.25
  3. ₹30,036.25
  4. ₹30,369.60 

Answer (Detailed Solution Below)

Option 4 : ₹30,369.60 
Free Tests
View all Free tests >
Free
General Science for All Railway Exams Mock Test
2.1 Lakh Users
20 Questions 20 Marks 15 Mins
Start Now

Detailed Solution

Download Solution PDF

Given:

Principal (P) = ₹75,000

Rate (r) = 12% per annum

Time (t) = 3 years

Formula used:

Compound Interest (CI) = P(1 + \(\frac{r}{100}\))t - P

Calculations:

CI = 75000(1 + \(\frac{12}{100}\))3 - 75000

⇒ CI = 75000(1 + 0.12)3 - 75000

⇒ CI = 75000(1.12)3 - 75000

⇒ CI = 75000(1.404928) - 75000

⇒ CI = 105369.60 - 75000

⇒ CI = 30369.60

∴ The correct answer is option (4).

Download Solution PDF
Latest RPF Constable Updates

Last updated on Jun 21, 2025

-> The Railway Recruitment Board has released the RPF Constable 2025 Result on 19th June 2025.

-> The RRB ALP 2025 Notification has been released on the official website. 

-> The Examination was held from 2nd March to 18th March 2025. Check the RPF Exam Analysis Live Updates Here.

‹‹ Previous Ques
Next Ques ››

More Compound Interest Questions

Q1.Ashok left a will of Rs.48300 for his two sons whose age are 16 and 17 years. They must get equal amounts when they are 19 years at 10% compound interest. Find the present share of the younger son. (In Rs.)
Q2.Find the compound intrest on ₹20,000 at 20% p.a for 1\(\frac{1}{2}\) years compounded half yearly.
Q3.Swara deposited ₹75,000 with a finance company for 3 years at an interest of 12% per annum, compounded annually. What is the compound interest that Swara gets after 3 years?
Q4.Ajay received ₹41,160 for lending ₹z for 3 years at the rate of 40% per annum compound interest. What is the value of z (in ₹)?
Q5.In how many months, at a rate of 6% compound interest per annum, will a sum of ₹1,200 become ₹1,348.32.? 
Q6.An amount of ₹50,000 would become ₹_______ at 20% per annum compound interest, compounded annually, in 4 years. 
Q7.Find the compound interest on Rs. 80,000 at 10% per annum for 2 year
Q8.What is the rate percentage per annum if ₹4,800 amounts to ₹5,043 in 2 years when interest is compounded yearly?
Q9.Calculate the compound interest on ₹72,000 at the rate of 9% per annum for 18 months when interest is compounded half yearly (rounded off up to the nearest ₹).
Q10.If the compound interest on a certain sum is ₹3,688.8 at the rate of 12% per annum of compound interest for 2 years, then the sum (in ₹) is:

More Interest Questions

Q1.Simple interest received on a certain sum at a rate of simple interest of 5% for 2 years is Rs.780. If the rate of interest remains same, what will be the total amount at the time of withdrawal at the end of 5 years.  
Q2.Simple interest at 8% rate of interest for 10 years is Rs. 17600. Find the principle?
Q3.Rs. 6400 invest in two schemes. First part gives 12% rate of interest and second part gives 20% rate of interest. Total interest after 2 years is Rs. 2176. Find the amount invest at 12% rate interest?
Q4.A person invested Rs. 9,000 at certain rate of simple interest for 7 years. If the ratio between total interest received and the principal amount is 7 : 10. Find the value of simple interest.
Q5.The amount doubles itself under Simple interest in 3 years. In how many years will it become 52 times of itself? 
Q6.There is 20% increase in an amount in 4 years at simple interest. What will be the compound interest on Rs. 44500 after 2 years at the same rate of interest.
Q7.Ashok left a will of Rs.48300 for his two sons whose age are 16 and 17 years. They must get equal amounts when they are 19 years at 10% compound interest. Find the present share of the younger son. (In Rs.)
Q8.A lent a part of Rs.26200 to X at 10% simple interest. Rest to Y at 5% at simple interest. After 4 years he got an amount of Rs.34060 in total. Then what is the amount lent to Y? (In Rs.)
Q9.Mohit invested a certain sum of money at 6% per annum simple interest. If he receives an interest of ₹41721 after 2 years, the sum (in ₹) he invested is:
Q10.Find the compound intrest on ₹20,000 at 20% p.a for 1\(\frac{1}{2}\) years compounded half yearly.
Suggested Test Series
View All >
RPF Constable Mock Test Series 2024
1197 Total Tests with 9 Free Tests
Start Free Test
Reasoning for All Railway Exams Previous Year Paper Mock Test
753 Total Tests with   2 Free Tests
Start Free Test

More Quantitative Aptitude Questions

Q1.Perimeter of a rectangular field is equal to the perimeter of a triangular field whose sides are in the ratio 3:2:4 respectively. lf area of rectangular field is 500 m2 and sides are in the ratio 5:4 respectively, then calculate the longer side of the triangular field.
Q2.A cistern has an inlet pipe and an outlet pipe. Inlet pipe can fill three-fourth of the cistern in 24 minutes while outlet pipe can empty the one-third filled cistern in 16 minutes. If both the pipes are opened together, then the cistern will be completely filled in-
Q3.In a family, three sons were born for every 3 years one after the other. If the ratio of present ages of father and the eldest son is 15:7 and the average of the present ages of the 3 sons is 18 years. What will be the ratio of the ages of the father and the youngest son after 5 years?
Q4.Train A of length 80m while moving crosses a pole in 16 seconds. lf it is known that the lengths of train B and train A is in the ratio of 3:1, then how long would it take train B to cross a platform which is half the length of train A if the speed of train B is same as that of train A?
Q5.Can A and Can B contain a mixture of soda and water in the ratio of 5 : 3 and 7 : 2 respectively If soda and water are taken out in the ratio of P : Q from can A and B respectively to form a new mixture in which the ratio of soda and water is 12 : 5 respectively, then find the value Of P:Q?
Q6.A boat can covers a certain distance in upstream and same distance in downstream in total of 7 hours 48 minutes, If upstream speed of the boat is 62.5%. of downstream speed of the boat and speed of the stream is 3 km/h, what is the total distance covered by the boat?
Q7.M and R went for shopping and bought two sarees each at different cost. Cost price of saree bought by R is Rs.250 more than the cost price of saree bought by M. Shopkeeper earned a profit of 20% on selling both the sarees together to R and M which he bought them at total Rs.6000. At what cost did M buy saree?
Q8.There are three numbers m, n, and p, such that sum of m and n is 144, sum of thrice of n and five times of p is 464, and sum of p and m is 160, then what is the value of p?
Q9.While calculating average marks of 60 students, the two digits of original marks of a student are written reversed and thereby average of marks is increased by 0.6 Find the difference between the two digits of marks of the student?  
Q10.Simple interest received on a certain sum at a rate of simple interest of 5% for 2 years is Rs.780. If the rate of interest remains same, what will be the total amount at the time of withdrawal at the end of 5 years.  
Exams
Cut Off
Eligibility
Coaching
Previous Year Papers
Syllabus
Test Series
Important Exams
Super Coaching
Testbook USA SAT Exam
Testbook USA ACT Exam
US College Admissions Guide
Testbook Edu Solutions Pvt. Ltd.
1st & 2nd Floor, Zion Building,
Plot No. 273, Sector 10, Kharghar,
Navi Mumbai - 410210
[email protected]
Toll Free:1800 833 0800
Office Hours: 10 AM to 7 PM (all 7 days)
Company
About usCareers We are hiringTeach Online on TestbookPartnersMediaSitemap
Products
Test SeriesTestbook PassOnline CoursesOnline VideosPracticeBlogRefer & EarnBooks
Our Apps
Follow us on
Copyright © 2014-2022 Testbook Edu Solutions Pvt. Ltd.: All rights reserved
User PolicyTermsPrivacy
Get Free Access Now
Hot Links： teen patti master purana teen patti cash game teen patti master update