# How much amount will be credit in Rahim account at the end of 3rd year? If

If Rahim deposited the same amount of Rs. X in a bank at the beginning of successive 3 years and the bank pays simple interest of 5% per annum, then the amount at his credit at the end of 3^{rd} year will be:

- Rs. (21/20)x
- Rs.(26481/8000)x
- Rs.(861/400)x
- Rs.1261/400)x

**Answer: (2) Rs. (26481/8000) x**

answer is 33x/10

(26481/8000)x is possible only for compound interest. in the question, it is simple interest.