- A₹3,152.50
- B₹3,000.00
- C₹3,102.50
- D₹3,307.50
Step-by-Step Solution
Third-year amount = . Interest = 23,152.50 − 20,000 = ₹3,152.50. (₹3,000 is simple interest.)
Answer: A) ₹3,152.50
Bimal leaves the full amount in for a third year at the same rate. What total interest will he have earned over the three years?
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