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Mandeep Singh

· started a discussion

· 1 Months ago

elaboration (Question: 246985.0 )

can someone please elaborate this solution

Question:
The CI on Rs.5000 for 3 years at 8% for first year, 10% for second year and 12% for third year will be –
Options:
A) Rs.1685.20
B) Rs.1652.80
C) Rs.1575
D) Rs.1750 
Solution:

Ans: (b)


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