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     EduGorilla 
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    Directions: Study the given information carefully to answer the question that follows:

    Two friends A and B invested Rs. 20,000 and Rs. 15,000, respectively for a period of 3 years. A put the money in a fixed deposit at a compound rate of 8.5% p.a. while B put his money in mutual fund which gave him 12.5% compounded annually.

    What was the total amount received by B after 3 years if he had to pay 1% to his Mutual Fund Adviser as a commission on the interest earned by him?

    Options :-

    1. Rs. 21,193.85
    2. Rs. 21,239.85
    3. Rs. 22,193.85
    4. Rs. 21,293.85
    5. Rs. 22,119.85
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Reply To: Directions: Study the given information carefully to answer the question that follows:Two friends A ….
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