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Q5 How to solve?

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pratik dafale

pratik dafale

CA Foundation

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30-Sep-21 23:41

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pratik dafale

Thank you

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Answer. (B). Second Because First condition Investing RS 40000 in the business such that the value of the investment after 5 years would be RS 53000 Second condition RS 40000 invest in seving account interest in 6% compound semi annually In this case the value of the seving after 5 years would be RS 53530 Calculate for second condition Seving 40000 Interest 6%. (First year) 2400 ------------ 42400 Interest 6% (Second year). 2544 ------------ 44944 interest 6% (third year). 2697 ------------ 47641 interest 6% (Forth year). 2859 ------------ 50500 interest 6% (fifths year). 3030 ----------- 53530


Sejal Shivani

Sejal Shivani

CA Foundation

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01-Oct-21 01:31

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