Find the compound interest on Rs. 16,000 at 20% per annum for 9 Months, compounded quarterly. Option 1: Rs. 2,500 Option 2: Rs. 2,280 Option 3: Rs. 2,522 Option 4: Rs. 2,868

The answer is 'Rs. 2,522'. View full solution:

CUET General Test - Find the compound interest on Rs. 16,000 at 20% per annum for 9 Months, compounded quarterly. | PYQs + Solutions

CUET General Test 2026 6th June Shift 1

Arithmetic

Medium

Rs. 2,500

Rs. 2,280

Rs. 2,522

Rs. 2,868

✅ Correct Option: 3

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