Multiple choice

Kamal earns Rs. 2,40,000 per annum. His salary increases by 20% each year and he invests 25% of what he earns in a scheme on compound interest at 15% p.a. If he invests every year, then how much interest would he earn in three years?

  1. Rs. 57,434.50

  2. Rs. 67,432.50

  3. Rs. 80,138.75

  4. Rs. 82,138.75

  5. Rs. 88,921.75
Reveal answer Fill a bubble to check yourself
B Correct answer

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