Direction: Study the following table carefully and answer the given questions. |
A) Rs. 12484.876
B) Rs. 12734.496
C) Rs. 12979.896
D) Rs. 13498.496
E) Rs. 13082.396
Correct Answer: B
Solution :
Money invested by Rakesh = Rs. 10000 Money invested by Rahul\[=10000\times \frac{120}{100}\]\[=Rs.\,12000\] \[\therefore \]Amount\[=P{{\left( 1+\frac{R}{100} \right)}^{3}}=12000{{\left( 1+\frac{2}{100} \right)}^{3}}\] \[=12000\times 1.02\times 1.02\times 1.02\] \[=Rs.\,12734.496\]You need to login to perform this action.
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