G

Gaurav Lamba • 2.83K Points
Extraordinary Math

Q. A man invests Rs. 5000 for 3 years at 5% p.a. compound interest reckoned yearly. Income tax at the rate of 20% on the interest earned is deducted at the end of each year. Find the amount at the end of the third year = ?

  • (A) Rs. 5624.32
  • (B) Rs. 5627.20
  • (C) Rs. 5630.50
  • (D) Rs. 5788.125
  • Correct Answer - Option(A)
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  • Filed under category Math

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