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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.

    Amount earned by B is what percent more than the amount earned by A, if B paid an exit fee of 2% on interest earned to his Mutual Fund house?

    Options :-

    1. 7.34%
    2. 8.66%
    3. 9.34%
    4. 10.66%
    5. 12.34%
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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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