Question
Suresh invested Rs. 12,000 at simple interest of 5% p.a. If he kept withdrawing Rs. 2,000 after every one year, then find the total interest earned by Suresh at the end of three years.
Suresh invested Rs. 12,000 at simple interest of 5% p.a. If he kept withdrawing Rs. 2,000 after every one year, then find the total interest earned by Suresh at the end of three years.
[Consider that the interest is payable at the end of three years, only]
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