12. Mrs. Puran Devi donated Rs 1,00,000 to a trust on the condition th – InterviewSolution

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1.	12. Mrs. Puran Devi donated Rs 1,00,000 to a trust on the condition that interest earned will be used for awarding 3 scholarships of equal value every year. If donation earns 12% per annum, find the value of each scholarship.
Answer» 12. Mrs. Puran Devi donated Rs 1,00,000 to a trust on the condition that interest earned will be used for awarding 3 scholarships of equal value every year. If donation earns 12% per annum, find the value of each scholarship.

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