Q. What is the amount after 3 years on ₹6000 at 5% CI compounded annually?

  • (A) ₹6900
  • (B) ₹6930
  • (C) ₹6950
  • (D) ₹7000
✅ 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.

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