Correct Answer: Rs. 3972
Explanation:
Let p = Rs. 100.
Then, S.I is Rs. 50 and time = 5 years.
∴ R = 100 × 50 100 × 5 = 10% p.a.
Now, p = Rs. 12,000 , T = 3 years and R = 10% p.a.
C.I. = Rs. 12000 × 1 + 10 100 3 - 1 = Rs. 3972