What is the compound interest earned at the end of 3 years? I. Simple interest earned on that amount at the same rate and for the same period is Rs. 4500. II.The rate of interest is 10 p.c.p.a. III.Compound interest for 3 years is more than the simple interest for that period by Rs.465.

A) I and II only

B) II and III only

C) I and III only

D) Either II or III only

View Answer
Option – D.