interest earned on a sum of money is 1500 for 12 years. if interest and principal amount is increased by 10% and 25% after every 4 years. what will be the interest after 12 years?
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Hope you all understand.
Keep one thing in mind we have calculated SI for next years on initial principal cos it was said in question other wise it would be 500+50 for 12th year if it was not written on initial principal
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