A) Both first and second claims are true
B) Only first claim is true
C) Only second claim is true.
D) Neither of the claims is true.
Correct Answer: B
Solution :
(b) After 6 yrs, interest \[=\frac{200000\times 9\times 6}{100}\] \[=108000\] \[\Rightarrow \] amount = \[200000+10800-30800\] Which is greater than \[1.5\] times 2 lakh. After 10 yrs. Interest \[=\frac{2lakh\times 9\times 10}{100}=1.8\,\,lakh\] \[\therefore \] Amount \[=2+1.8=3.8\] lakh but this is less than 2 times original amount.You need to login to perform this action.
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