shikha deposited rupees 2000 in a bank which pays 6% simple interest. she withdraw rupees 700 at the end of the first year what will be her balance after 3 years
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Answer:
I=1st year 2000*3*6/100=360
I=2nd&3rd year 1400*2*6/100=14*12=168
I=360+168=528
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