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| 1. |
Urijit Patel invested a sum of Rs.540000 in a scheme Jeevananand at the rate of 4% p.a. compound interest for three years and the rate of interest is doubled every year. At the end of second year he withdrew 50% of his total interest earned and invested in another scheme Jeevansaral which offers 15% interest p.a. What is the total interest earned on completion of three years? |
| A. | Rs.154215.84 |
| B. | Rs.135323.84 |
| C. | Rs.163239.84 |
| D. | Rs.164239.84 |
| E. | None of these |
| Answer» D. Rs.164239.84 | |