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The market value of Amal’s investment rises successively by 5% in 2021, 6% in 2022, and 10% in 2023. If the initial value was ₹5,50,000, what will be its value (in ₹) at the end of 2023?
6,75,800
6,75,365
6,73,365
6,75,900
6,73,365
Practice and solve "The market value of Amal’s investment rises successively by 5% in 2021, 6% in 2022, and 10% in 2023...." for Mathematics - Previous Year Paper 2024. The correct answer is Option C: 6,73,365. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "The market value of Amal’s investment rises successively by 5% in 2021, 6% in 2022, and 10% in 2023...." for Mathematics - Previous Year Paper 2024. The correct answer is Option C: 6,73,365. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.