Question

Anuja bought a color TV for Rs12000 on credit. The rate of interest for the first year is 5%, for the second year is 10% and for the third year is 15%. How much will it cost her if she pays the amount after 3 years

Answer 1

Step-by-step explanation:

Given ,

the rate of interest of first year=5%

the rate of interest of second year =10%

the rate of interest of third year=15%

A/C to question,

5%+10%+15%=12000

30%=12000

30/100=12000

=12000×100/30

=1200000/30

=40000