Find the compound interest earned on Rs. 60,000 for 2 years - Exam Yatra

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IB ACIO Grade II Previous Paper 5 (Held on: 19 Feb 2021 Shift 1)
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Find the compound interest earned on Rs. 60,000 for 2 years at the rate of 5 percent per annum.

[IB ACIO Grade II Previous Paper 5 (Held on: 19 Feb 2021 Shift 1)]

A

Rs. 6000

B

Rs. 66,150

C

Rs. 60,000

D

Rs. 6,150

EXPLANATION

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