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There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate?
(a)Rs. 2160
(b)Rs. 3120
(c)Rs. 3972
(d)Rs. 6240
(e)None of these

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Important Questions on Comparing Quantities
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Interest earned on an amount after years at P.A. compounded yearly is Find the interest earned on same amount after years at P.A. at simple interest?

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What is the ratio of simple interest earned on certain amount at the rate of p.a. for years and that for years ?
1.
2.
3.
4.

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Two different amounts are invested in two schemes. In scheme A, amount is invested at per annum and in scheme B amount is invested at per annum. After years difference between both interests is , then find value of .

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On a certain principal, simple interest amounts to Rs. 1000 in 1 year at the rate of 10% p.a. What will be the effective rate of interest if the same is compounded on a half-yearly basis?
1. 10.10
2. 10.15
3. 10.20
4. 10.25

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