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₹20000 was invested by Mahesh in a FD 10...

₹20000 was invested by Mahesh in a FD 10% per annum at CI. However every year he has to pay 20% tax ont he CI. How much money does Mahesh have after 3 years ?

A

25694

B

25194.24

C

25394

D

25294.24

Text Solution

Verified by Experts

The correct Answer is:
B
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