Sohan invested X rs. In SBI at the rate of 18% for 2 years and obtained...
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Sohan invested X rs. In SBI at the rate of 18% for 2 years and obtained a total simple interest of 6750 Rs. If he invested 2250 Rs more for same period time at the rate of 14 2/7 % for first year and at 16 2/3 % for 2nd year on compound annually. Then find the total compound interest obtained by sohan after 2 year? (a) 6000 Rs (b) 5000 Rs (c) 3000 Rs (d) 7000 Rs (e) 5500 RS Sohan invested X rs. In SBI at the rate of 18% for 2 years and obtained a total simple interest of 6750 Rs. If he invested 2250 Rs more for same period time at the rate of 14 2/7 % for first year and at 16 2/3 % for 2nd year on compound annually. Then find the total compound interest obtained by sohan after 2 year? (a) 6000 Rs (b) 5000 Rs (c) 3000 Rs (d) 7000 Rs (e) 5500 RS
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Fundamentals of Cost Accounting
ISBN: 978-0077398194
3rd Edition
Authors: William Lanen, Shannon Anderson, Michael Maher
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