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Mahesh bought a house for Rs. 200000. At...

Mahesh bought a house for Rs. 200000. At the end of the first year, he sold it at a loss of 10% on his investment. He invested the money thus obtained at 20% per annum compound interest for 2 years. The value this investment would amount to (in Rs.)

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The correct Answer is:
Rs 259,200
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PEARSON IIT JEE FOUNDATION-SIMPLE INTEREST AND COMPOUND INTEREST -EXAMPLE 9.21
  1. Mahesh bought a house for Rs. 200000. At the end of the first year, he...

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