What will be the compound interest on a sum of Rs. 200000 after 3 years at the rate of 5% per annum?

Question

There is 60% increase in an amount in 5 years at simple interest.
What will be the compound interest of Rs. 10000 after 3 years at the same rate (compounded annually)?

Answer 1

Rs. 200000*(1+0.05)^3-200000 = Rs. 31525