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# \$0.25Jagadish sells the family car for RS...

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Jagadish sells the family car for RS 250000 and deposit the amount in the bank at 8.25% p.a.

On the same day he buys a motorcycle for RS 46000 which was paid by the auto finance company at 11% p.a. .At the end of the three year how much interest has jagadish earned than paid ?

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• Posted on May. 21, 2012 at 02:21:40AM
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Preview: ... 5%*3 interest form deposit = 61875   int ...

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Preview: ... 3 x 11)/ 100 = 15180 Inter ...

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• Posted on May. 21, 2012 at 02:52:06AM
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Preview: ... = principle, r =rate, t = time. For family car: S_car = 250000 * (8 ...

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• Posted on May. 21, 2012 at 04:25:58AM
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Preview: ... interest he paid, 46000 x 11/100 = 5060 p.a thus in ...

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• Posted on May. 21, 2012 at 08:17:03AM
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