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SSC CGL 2025 PYQ — Question 75

SSC CGL - 25 Sep 2025 - Shift 3 • Quantitative Aptitude • Q75

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Albert invested an amount of Rs. 6000 in a fixed deposit scheme for 3 years at a compound interest rate of 5% p.a. How much will Albert get on maturity of the fixed deposit?

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Correct answer: D

Explanation

The correct answer is option 4 i.e. 6,945.75.

For annual compounding: A=P(1+R100)TA = P \left(1 + \frac{R}{100}\right)^T

=6000×(1+5100)3= 6000 \times \left(1 + \frac{5}{100}\right)^3

=6000×(1+120)3= 6000 \times \left(1 + \frac{1}{20}\right)^3

=6000×(2120)3= 6000 \times \left(\frac{21}{20}\right)^3

= 6000 × 21/20 × 21/20 × 21/20

= 6945.75