A person deposited his money in a bank which offers him simple interest at the rate of 12.2% per annum. He deposited Rs

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Q 2306856778.     A person deposited his money in a bank which offers him simple interest at the rate of 12.2% per annum. He deposited Rs 28000. After every three years he adds the amount he earned from the interest to his principal amount. Find the total amount (approximate) after 9 years?
IBPS-PO 2017 Mock Mains
A

Rs. 71390

B

Rs. 71369

C

Rs. 71375

D

Rs. 70129

E

Rs. 70855

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Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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