A sum of 25000 was put into a fixed deposit for
4 years at 15% per annum compound interest
However each year income tax @ 20% of the interest
earned was deducted. What is the amount earned
at the end of 4 years?
guys help me to find the sum
guys it's very urgent
Answers
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1
Answer:
15000
Step-by-step explanation:
first deposit price is ₹ 25000
ok
second step is:
25000× 4= 100000 ok
third step is :
100000×15%= 15000
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