Question
Amit invested Rs. 20,000 at simple interest of 10% p.a. If he withdrew Rs. 4,000 after every one year, then find the total interest earned by Amit at the end of three years.
Amit invested Rs. 20,000 at simple interest of 10% p.a. If he withdrew Rs. 4,000 after every one year, then find the total interest earned by Amit at the end of three years.
[Consider that the interest is payable at the end of three years only]
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