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A person deposited Rs. 10,000 in a fixed deposit which will earn him a simple interest at the rate of 10% per annum. After every year, he converts his interest earning into deposit. How much interest will he get at the end of the third year?a)2410b)2710c)3310d)3710e)3910Correct answer is option 'C'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about A person deposited Rs. 10,000 in a fixed deposit which will earn him a simple interest at the rate of 10% per annum. After every year, he converts his interest earning into deposit. How much interest will he get at the end of the third year?a)2410b)2710c)3310d)3710e)3910Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A person deposited Rs. 10,000 in a fixed deposit which will earn him a simple interest at the rate of 10% per annum. After every year, he converts his interest earning into deposit. How much interest will he get at the end of the third year?a)2410b)2710c)3310d)3710e)3910Correct answer is option 'C'. Can you explain this answer?.

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