# If compound interest received on a certain amount in 3 years is Rs.12,

| If compound interest received on a certain amount in 3 years is Rs.12,100, what will be the compound interest (in Rs.) for the 4

^{th}year on the same amount if rate of interest is 9%?A. 17080

B. 15669

C. 13189

D. 14376

### Right Answer is: C

#### SOLUTION

Given that, Compound interest for 3 years = Rs.12,100

Thus, C.I. for next 1 year will be equal to C.I. for 4^{th} year:

Rs. 13189

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If compound interest received on a certain amount in 3 years is Rs.12,