meenal lends Rs 75000 at C.I. for 3 years. if the rate of interest for the first two years is 15% per year and for the third year it is 16%, calculate the sum meenal will get at the end of the third year.
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75000{ ( 1+15/100)^2 ( 1+16/100) -1}
75000{ (529/400 × 841/625 -1 }
75000 { 444889-250000}/250000
75/250 × 194880
58464
75000{ (529/400 × 841/625 -1 }
75000 { 444889-250000}/250000
75/250 × 194880
58464
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Shubhrashree1nayak:
no, the ans. was wrong
the ans. is 115057.50
okk
but..i need the whole process
okk
what is this???
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