A) Rs. 10,500
B) Rs. 11,900
C) Rs. 12,700
D) Rs. 7,700
Correct Answer: B
Solution :
\[\frac{700}{5000}\times 100=14%\to \]rate of interest \[\therefore \] At the and of 5th year \[=14%\text{ }\times \text{ }5=70%\] interest Total amount \[=\text{ }7000+70%\] of 7000 \[=7000+4900\] \[=\,\,\underline{\mathbf{11,900}}\]You need to login to perform this action.
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