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If compound interest received on a certain amount in the 3rd year is Rs. 1,240, what will be the compound interest (in Rs) for the 4th year on the same amount at 9% rate of interest?

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If compound interest received on a certain amount in the 3rd year is Rs. 1,240, what will be the compound interest (in Rs) for the 4th year on the same amount at 9% rate of interest?
1). 1245.6
2). 1521.6
3). 1351.6
4). 1220.6


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1 answers

2 vote
Answered by on | Votes 2 |
option 3 : seems correct

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