[PP Sub Inspector 17 Aug 2021] 

2. There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of ₹240000 after 3 years at the same rate?

1. ₹ 70440

2. ₹ 74940

3. ₹ 89440

4. ₹ 79440

Correct Answer :

₹ 70440