If compound interest received on a certain amount in the 2nd year is Rs 250. What will be the compound interest for the 3rd year on the same amount at 16% rate of interest?
(a) 260
(b) 266
(c) 280
(d) 290
Sol:
If compound interest received on a certain amount in the 2nd year is Rs 250. What will be the compound interest for the 3rd year on the same amount at 16% rate of interest?
(a) 260
(b) 266
(c) 280
(d) 290
Sol:
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