Effective rate of CI for 2 years = 5 + 5 + 5×5100=10.25%Effective rate of SI for 3 years = 6×3 = 18% According to questionRequired SI = 26410.25×18=Rs 432
Effective rate of CI for 2 years = 5 + 5 + 5×5100=10.25%Effective rate of SI for 3 years = 6×3 = 18% According to questionRequired SI = 26410.25×18=Rs 432
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