There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Tk. 12,000 after 3 years at the same rate?

1. There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Tk. 12,000 after 3 years at the same rate?

[Pubali Bank Junior Officer -2013 : 2013]

1. Tk. 2160

2. Tk. 3120

3. Tk. 3972

4. Tk. 6240

5. None of them

Answer

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