allery₹1,000 RD deposits earn simple interest for 12,11,...,1 months at 6% yearly. First three deposits earn
A₹390
B₹180
C₹165
D₹150
Answer & Solution
Correct answer: C. ₹165
The first three holding periods sum to 33 months and earn 1000×6×33/1200, or ₹165.
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