Question 130
The table shows Income and expenditure of a person for 3 years (in thousands):
In the given table. if a person invested his savings every year at 8% simple interest, how much interest will he earn at the end of 2003?
Solution
Total interest earn will be
$$=7×0.08×3+9×0.08×2+46×0.08$$
$$=6.8.$$
B is correct choice.
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