Question

Salman invested 50000 rupees in a mutual fund scheme with a nail entryload and 2% exit load he received dividend of rupees 3000-4000 and 4500 for first and second and third year respectively he remained all his unit after 3 year what is rate of return

Answer 1

Answer:

principal amount = 5000 rupees

Rate of interest = 2%

Time = 3 years

interest =

$5000 \times 2 \times 3 \div 100$

Now, add the answer you got with the principal amount . you will get your answer . Thanks . Mark as brainlist