Amit invested an amount of Rs. 25000 in fixed | vedclass

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Question

Here, Amount $=P\left[\left(1+\frac{R}{100}\right)^{2}\right]$

$\quad=25000\left[\left(1+\frac{8}{100}\right)^{2}\right]$

$\quad=25000\left[\lef

Vedclass · Accepted Answer

$29160$

Vedclass · Answer

Here, Amount $=P\left[\left(1+\frac{R}{100}\right)^{2}\right]$

$\quad=25000\left[\left(1+\frac{8}{100}\right)^{2}\right]$

$\quad=25000\left[\left(\frac{27}{25}\right)^{2}\right]=$ Rs. 29160

Amit invested an amount of $Rs. 25000$ in fixed deposit @ $C.I.$ $8 \%$ per annum for $2$ $years$. What amount (In $Rs.$) Amit will get

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