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meenal lends Rs 75000 at C.I. for 3 years. if the rate of interest for the first two years is 15% per year and for the third year it is 16%, calculate the sum meenal will get at the end of the third year. |
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Answer» 75000{ ( 1+15/100)^2 ( 1+16/100) -1} 75000{ (529/400 × 841/625 -1 } 75000 { 444889-250000}/250000 75/250 × 194880 58464 |
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