A man invests Rs.46875 at 4% per annum

A man invests ₹46875 at 4% per annum compound interest for 3 years.
Calculate:
(i) the interest for the first year.
(ii) the amount standing to his credit at the end of second year.
(iii) the interest for the third year.

Solution:

Calculate the compound interest for the second year on ₹6000 invested for 3 years at 10% p.a. Also find the sum due at the end of third year.

Solution:

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