Question
A person invests ₹80,000 in a mutual fund. The investment grows at a rate of 8% per annum, compounded annually. After 3 years, he decides to withdraw ₹10,000 and reinvest the remaining amount at the same rate. After another 2 years, the remaining amount grows at the same rate, and he sells the entire amount. What is the total amount he receives after 5 years?
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