Question

Mahesh invests a certain sum of money in a scheme with a return of 22% p.a. After one year, he withdraws the entire amount
(including the interest earned) and invests it in a new scheme with returns of 50% p.a (compounded annually) for the next two
years. What is the compounded annual return on his initial investment over the 3 year period ?
01

Answer 1

Answer:

Rs. 8000

Step-by-step explanation:

S.I. = 0.36x

C.I. = P × (1 + )n - P

Amount invested in scheme B = x + 4000

⇒ C.I. = (x + 4000) × (1 + )2 - (x + 4000)

⇒ C.I. = 0.44x + 1760

According to the question,

C.I. + S.I. = 3360

⇒ 0.44x + 1760 + 0.36x = 3360

⇒ x = 2000

∴ Total sum invested is 2000 + 6000 = Rs. 8000

Answer 2

Answer:

Hello brother I don't know that time I tell you tomorrow

Step-by-step explanation:

thanks