Mathematics · Compound Interest
Ramesh invests Rs. 68,000 at 20% p.a. compound interest for 2 years. He then adds Rs. 16,000 more and invests the total for 1 more year at the same rate. Find the total amount after 3 years.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 1,36,704✓
- 2Rs. 1,34,704
- 3Rs. 1,36,714
- 4Rs. 1,46,704
Correct answer
Rs. 1,36,704
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