Q. What is the amount after 3 years on ₹6000 at 5% CI compounded annually?
✅ Correct Answer: (B)
₹6930
Explanation: Amount = 6000 × (1.05)³ = 6000 × 1.157625 = 6930.
Explanation by: Mr. Dubey
Amount = 6000 × (1.05)³ = 6000 × 1.157625 = 6930.