alleryStart learning →A price rises 8% yearly for three years from ₹10,000. Find its amount.
A₹12,400
B₹12,597.12
C₹12,800
D₹13,600
Answer & Solution
Correct answer: B. ₹12,597.12
Three annual increases give ₹10,000 × 1.08³ = ₹12,597.12.
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