InterviewSolution
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1). 24,3202). 24,6003). 24,6204). 24,640 |
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Answer» Here, For the FIRST YEAR: Principal, p = RS. 20000; time period, t = 1 year; r = 10% ∴ Amount at the END of first year = p + prt/100 = 20000 + (20000 × 10 × 1)/100 = Rs. 22000 This will be principal amount for the second year, where r = 12% ∴ Amount at the end of second year = p + prt/100 = 22000 + (22000 × 12 × 1)/100 = Rs. 24640 |
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