CA Foundation doubt
Can anyone answer this question? please explain me.
Asked by Yash14 Jun 2024420 views
4 answers
Happy · 14 Jun 2024
11.333% approximately
Yash · 14 Jun 2024
But it is a question from simple interest
Chahat · 14 Jun 2024
From here we can find I i.e., rate
Chahat · 14 Jun 2024
I guess in first part apply present value method i.e., 3000=1020(1- (1+I)^-3) ÷ I
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