Question

(A) 11040/- is (B) 11030/- (C) 11020/- (D) 11060/- A person borrowed an amount of Rs. 15000 from a bank at the rate of 20% per annum He lends Rs. 10000 to a friend at 25% PA and Rs.5000 to another friend at 30% PA. If he repays the amount to the bank after 3 years the amount of profit he gets is
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Answer 1

Answer:

A) 11040 is correct answer