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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.
[Consider that the interest is payable at the end of three years only]

A Rs. 4,800

B Rs. 4,200

C Rs. 4,000

D Rs. 3,600

E None of these

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