SSC CGL – Combined Graduate Level Examination · Question 56
A sum of ₹1,25,000 is invested at 12% compound interest per annum. After how many years will it grow to ₹1,75,616?
Show answer & explanation
Answer: (B) 3
Explanation
1,75,616/1,25,000 = 1.404928 = 1.12³, so 3 years.