Meera lent out rupees 20000 for 9 months at 20% per annum compounded quarterly to Mrs Sharma what amount will she get after the expiry of the period
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Answer:
A = p(1 +r/100)
A = 20000( 1 + 20/100)
A = 20000 × 6/5
A = 24000
hence, mera get rupees 24000 after the expiry of the period
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