Compound Interest on Arithmetic Aptitude related Questions and Answers

Question :   There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate? 1. Rs. 2160 2. Rs. 3120 3. Rs. 3972 4. Rs. 6240 Answer :   3 - Rs. 3972