Latest Postal Aptitude Question SOLUTION: if the 1st year's interest on a certain sum of money placed at 5% per annum compound interest is Rs. 1200,What will be the interest for the 3rd year?
a- 1220
b- 1323
c- 1423
d- 133
if the 1st year's interest on a certain sum of money placed at 5% per annum compound interest is Rs. 1200,What will be the interest for the 3rd year?
a- 1220
b- 1323
c- 1423
d- 1330
There is something I don't understand about algebra: It has been around for thousands of years, yet no one has ever found out what the value of "x" or "y" really is.