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Q.

The amount and compound interest on Rs..18750 after 3 years, compounded annually, the rates of interest being Question Image p.a. Question Image p.a. and Question Image. Question Image. during the first year, second year and third year respectively is Rs..[[1]].


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Detailed Solution

Concept: [16]The amount at the end of the first year
Question ImageQuestion ImageQuestion ImageQuestion ImageQuestion ImageInterest Question ImageFirst year Question Image= Rs. 1,500
Amount for second year
Question ImageQuestion ImageQuestion Image= Rs. 22,275 .
Interest for second year
Question ImageQuestion ImageQuestion ImageAmount for third year
Question ImageQuestion ImageQuestion ImageQuestion ImageInterest for third year Question ImageQuestion Image= Rs. 2,673 .
Hence, the correct answer is " Rs. 1,500 are Rs. 22,275  and  Rs. 2,673".
 
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